Tuesday, June 5, 2018

Technical Analysis June 2018: OPCOM (0035)


OPCOM HOLDINGS BERHAD 

Observation From Chart:-

OPCOM formed strong rebound at RM0.63 support level.

Will it retest RM1.05 resistance level ?

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

Immediate support @ RM0.63 level.
Subsequent support @ RM0.58 level.

Immediate resistance @ RM1.05 level.
If able breakout, higher high is confirm.
Uptrend will resume.

Let's watch closely.

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