Sunday, December 10, 2017

Technical Analysis Dec 2017: GPACKET (0082)



GREEN PACKET BERHAD 

 Observation from Chart:-

GPACKET (0082) forming "U" pattern.

Will it breakout & go higher?

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

Immediate support @ RM0.405 level.
Subsequent support @ RM0.385 level.

Immediate resistance @ RM0.45 level.
If breakout RM0.45 level, higher high is confirm.
Uptrend will resume.

Let's watch closely.

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