Thursday, June 7, 2018

Technical Analysis June 2018: ECONBHD (5253)



ECONPILE HOLDINGS BERHAD 

Observation from Chart:

ECONBHD (5253) retest MA20 resistance level.

Will it breakout & go higher?

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

Immediate resistance @ RM0.725 level.
Subsequent resistance @ RM0.795 level.

Immediate support @ RM0.56 level.
Subsequent support @ RM0.50 level.

Let's watch closely...

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