Tuesday, December 5, 2017

Technical Analysis Dec 2017: DRBHCOM (1619)



DRB-HICOM BERHAD 

Observation from Chart:-

DRBHCOM forming ascending triangle?

Will it breakout resistance level & go higher?

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

Immediate resistance @ RM1.75 level.
Subsequent resistance @ RM1.81 level.

Immediate support @ RM1.71 level.
Subsequent support @ RM1.69 level.

Let's watch closely.

0 comments:

Post a Comment