Friday, August 4, 2017

Technical Analysis Aug 2017: JOHAN (3441)


JOHAN HOLDINGS BERHAD 

Observation from Chart:

JOHAN (3441) rebound @ MA20 support level.

Will it retest uptrend resistance level, RM0.37 ?

Other indicator:-
MACD trade @ positive region, uptrend sign.
Stochastic %K pn BUY call itinerary.

Immediate resistance @ RM0.37 level.
If able breakout RM0,37 level, higher high is confirm. Uptrend will resume.

Immediate support @ RM0.285 level.
Subsequent support @ RM0.265 level.

Let's watch closely.

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