Saturday, October 7, 2017

Technical Analysis Oct 2017: RGB (0037)


RGB INTERNATIONAL BHD 

Observation from Chart:-

RGB succeed breakout RM0.30 resistance level.

How high will it go?

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

Immediate resistance @ RM0.32 level.
Subsequent resistance @ RM0.34 level.

Immediate support @ RM0.275 level.
Subsequent support @ RM0.26 level.

Let's watch closely.

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