Friday, June 15, 2018

Technical Analysis June 2018: FPGROUP (5277)


FOUNDPAC GROUP BERHAD 

Observation from Chart:-

FPGROUP (5277) retest downtrend resistance level.

Will it breakout strong resistance level?

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

Immediate resistance @ RM0.345 level.
Subsequent resistance @ RM0.40 level.

Immediate support @ RM0.25 level.
Subsequent support @ RM0.185 level.

Let's watch closely.

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