Sunday, October 15, 2017

Technical Analysis Oct 2017: BJTOTO (1562)

BERJAYA SPORTS TOTO BERHAD 

Observation from Chart:-

BJTOTO rebound @ MA20 support level.

Will it breakout RM2.48 resistance level?

Other indicator:-
MACD trade @ positive region, uptrend sign.
Stochastic %K @ on buy call itinerary.

Immediate support @ RM2.35 level.
Subsequent support @ RM2.25 level.

Immediate resistance @ RM2.48 level.
Subsequent resistance @ RM2.63 level.

Let's watch closely.

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