Tuesday, September 19, 2017

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.

1 comment:

  1. Technical analysis Support & resistance might get Bull.

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