Technical Analysis Feb 2018: LIONIND (4235)
LION INDUSTRIES CORPORATION BERHAD
Observation from Chart:
LIONIND forming head & shoulder pattern?
Will it break RM1.20 support level?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K still pending trigger BUY call.
Immediate resistance @ RM1.41 level.
Subsequent resistance @ RM1.51 level.
Immediate support @ RM1.21 level.
Subsequent support @ RM1.11 level.
Let's watch closely...
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