Wednesday, January 17, 2018

Technical Analysis Jan 2018: SAPNRG (5218)


SAPURA ENERGY BERHAD 

Observation from Chart:

SAPNRG (5218) forming lower high & lower low.

Will it forming bullish reversal ?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K pending trigger BUY call.

Immediate support @ MA20 level.
Subsequent support @ RM0.665 level.
If break this level, another lower low is formed.

Immediate resistance @ RM1.05 level.
Subsequent resistance @ RM1.24 level.

Let's walk closely for opportunity

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