Sunday, March 11, 2018

Technical Analysis Mar 2018: HAIO (7668)


HAI-O ENTERPRISE BERHAD 

Observation From Chart:

HAIO forming lower high & lower low.

Will it rebound at RM5.00 psychology level?

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

Immediate resistance @ RM5.20 level.
Subsequent resistance @ RM5.40 level.

Immediate support @ RM5.00 level.
Subsequent support @ RM4.73 level.

Let's watch closely.

5 comments:

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