Technical Analysis June 2018: DRBHCOM (1619)
DRB-HICOM BERHAD
Observation from Chart:-
DRBHCOM forming lower high & lower low.
Will it breakout strong resistance & form bullish reversal?
Other indictor:-
MACD trade at negative region, downtrend sign.
Stochastic %K on SELL itinerary.
Immediate resistance @ RM2.12 level.
Subsequent resistance @ RM2.28 level.
Immediate support @ RM1.86 level.
Subsequent support @ RM1.69 level.
Let's watch closely.
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