Technical Analysis Aug 2017: SIGGAS (5181)
SIG GASES BERHAD
Observation from Chart:-
SIGGAS (5181) retrace down from RM1.40 high.
Will it retest uptrend support level?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on SELL call itinerary.
Immediate support @ RM1.05 level.
Subsequent support @ RM1.00 level.
Immediate resistance @ RM1.40 level.
If able breakout RM1.40, higher high is confirm. Uptrend will resume.
Let's watch closely.
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