Monday, December 25, 2017

Technical Analysis Dec 2017: ACCSOFT (0018)



ACCSOFT TECHNOLOGY BERHAD

Observation from Chart:-

ACCSOFT (0018) forming descending triangle pattern

Will it breakout resistance line & go higher?

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

Immediate support @ RM0.565 level.
Subsequent support @ RM0.50 level.

Immediate resistance @ RM0.63 level.
Subsequent resistance @ RM0.68 level.

Let's watch closely.

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