Technical Analysis Dec 2017: KAB (0193)
KEJURUTERAAN ASASTERA BERHAD
Observation from Chart:-
KAB (0193) forming "U" pattern?
Will it breakout resistance line & go higher?
Other indicator:-
No MACD indicator due to newly listed counter.
Stochastic %K on BUY call itinerary.
Immediate support @ RM0.285 level.
Subsequent support @ RM0.265 level.
Immediate resistance @ RM0.33 level.
If breakout, higher high is confirm. Uptrend is resume.
Let's watch closely.
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