Saturday, April 14, 2018

Technical Analysis Apr 2018: SAPNRG (5218)



SAPURA ENERGY BERHAD 

Observation from Chart:

SAPNRG (5218) succeed breakout RM0.67 resistance.

Will it retest RM1.00 psychology level ?

Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K on BUY call itinerary.

Immediate support @ RM0.67 level.
Subsequent support @ RM0.40 level.

Immediate resistance @ RM1.00 psychology level.
If able breakout RM1.00, higher high is confirm.

Let's watch closely for opportunity

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