EFFICIENT E-SOLUTIONS BHD
Observation from Chart:-
EFFICEN forming "U" pattern.
Will it breakout RM0.50 resistance level?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on SELL call itinerary.
Immediate resistance @ RM0.50 level.
Subsequent resistance @ RM0.59 level.
Immediate support @ RM0.44 level.
Subsequent suport @ RM0.425 level.
If able breakout RM0.50 resistance level, higher high is confirm. Uptrend will resume.
Let's watch closely.
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