Friday, July 7, 2017

Technical Analysis July 2017: MIKROMB (0112)



MIKRO MSC BERHAD 

Observation from Chart:

MIKROMB (0112) keep on trading higher high, from RM0.485 to RM0.81 (+67%)

How high will it go?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K at overbought stage.

No immediate resistance.

Immediate support @ RM0.77 level.
Subsequent support @ RM0.72 level.

Let's watch closely.

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