Sunday, July 9, 2017

Technical Analysis July 2017: SENDAI (5205)


EVERSENDAI CORPORATION BERHAD 

Observation from Chart:

SENDAI (5205) forming higher high & higher low.

Will it retest uptrend resistance level?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K pending trigger BUY call.

Immediate resistance @ RM1.39 level.
Subsequent resistance @ RM1.50 level.

Immediate support @ RM1.12 level.
Subsequent support @ RM1.03 level.

Let's watch closely.

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