Technical Analysis Sept 2017: BENALEC (5190)
BENALEC HOLDINGS BERHAD
Observation from Chart:-
BENALEC forming bolinger band squeeze.
When will it breakout?
Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K on BUY call itinerary.
Immediate resistance @ RM0.44 level.
Subsequent resistance @ RM0.46 level.
Immediate support @ RM0.40 level.
Subsequent support @ RM0.36 level.
Let's watch closely.
Technical analysis Support & resistance might get Bull.
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