Sunday, August 20, 2017

Technical Analysis Aug 2017: OLYMPIA (3018)



OLYMPIA INDUSTRIES BERHAD 

Observation from Chart:-

OLYMPIA (3018) succeed breakout downtrend resistance level,,

How high will it go?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K on BUY call itinerary.

Immediate support @ RM0.12 level.
Subsequent support @ RM0.11 level.

Immediate resistance @ RM0.135 level.
Subsequent resistance @ RM0.15 level.

Let's watch closely.

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