UMW Oil & Gas Corporation Berhad (5243)
Observation from Chart:-
UMWOG (5243) forming symmetrical 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 @ RM0.29 level.
Subsequent support @ RM0.28 level.
Immediate resistance @ RM0.31 level.
Subsequent resistance @ RM0.34 level.
Let's watch closely.
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