Wednesday, November 8, 2017

Technical Analysis Nov 2017: BJCORP (3395)


BERJAYA CORPORATION BERHAD 

Observation from Chart:-

BJCORP forming "U" pattern?

Will it retest RM0.405 resistance level?

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

Immediate resistance @ RM0.38 level.
Subsequent resistance @ RM0.405 level.

Immediate support @ RM0.36 level.
Subsequent support @ RM0.345 level.

Let's watch closely.

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