Technical Analysis Aug 2017: WCEHB (3565)
WCE HOLDINGS BERHAD
Observation from Chart:-
WCEHB (3565) forming descending triangle pattern.
Will rebound @ strong support level?
Other indicator:-
MACD trade at negative region, downtrend itinerary.
Stochastic %K trigger BUY call, pending confirmation.
Immediate support @ RM1.35 level.
Subsequent support @ RM1.27 level.
Immediate resistance @ RM1.40 level
Subsequent resistance @ RM1.50 level.
Let's watch closely.
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