Wednesday, November 8, 2017

Technical Analysis Nov 2017: SENERGY (5218)


Observation from Chart:

SENERGY (5218) forming descending triangle pattern.

Will it breakout resistance level?

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

Immediate support @ RM1.43 level.
Subsequent support @ RM1.37 level.

Immediate resistance @ RM1.62 level.
Subsequent resistance @ RM1.75 level.

Let's watch closely.

1 comment:

  1. Sapura Energy Berhad is an integrated oil and gas services company listed in KLSE Immediate & Subsequent; resistance & support level get signed with KLSE.