Tuesday, December 5, 2017

Technical Analysis Dec 2017: MMODE (0059)

M-Mode Berhad 

Observation from Chart:-

MMODE consolidate above gap up support level, RM0.34

Will it breakout RM0.415 resistance level?

Other indicator:-
MACD trade @ positive region, downtrend sign.
Stochastic %K on buy call itinerary.

Immediate resistance @ RM0.385 level.
Subsequent resistance @ RM0.415 level.

Immediate support @ RM0.34 level.
Subsequent support @ RM0.305 level.

Let's watch closely.

1 comment:

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