Monday, February 19, 2018

Technical Analysis Feb 2018: BIMB (5258)


BIMB HOLDINGS BERHAD 

Observation From Chart:-

BIMB trading within downtrend line?

Will it breakout downtrend resistance level & go higher?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K on SELL call itinerary.

Immediate support is RM4.07 level.
Subsequent support is RM4.00 level.

Immediate resistance, RM4.45 level.
Subsequent resistance, RM4.55 level.

Let's watch closely.

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