Sunday, October 15, 2017

Technical Analysis Oct 2017: BARAKAH (7251)


BARAKAH OFFSHORE PETROLEUM BHD (7251) 

Observation from Chart:-

BARAKAH (7251) break RM0.43 support level.

How low will it go?

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

Immediate support @ RM0.40 level.
Subsequent support @ RM0.35 level.

Immediate resistance @ RM0.43 level.
Subsequent resistance @ RM0.53 level.

Let's watch closely

1 comment:

  1. Market Cap: 351 Million
    NOSH: 826 Million
    Avg Volume (4 weeks): 2,517,789
    4 Weeks Range: 0.415 - 0.555
    4 Weeks Price Volatility (%):
    7.14%
    52 Weeks Range: 0.415 - 0.74
    52 Weeks Price Volatility (%):
    3.08%
    Average Price Target: 0.36
    Price Target Upside/Downside: -0.065

    Statistics of BARAKAH in Malaysia.

    http://www.mmfsolutions.sg/services/malaysian-positional-stock-picks-klse/

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