Technical Analysis June 2018: PADINI (7052)
PADINI HOLDINGS BHD
Observation from Chart:-
PADINI retest RM5.74 resistance level.
Will it breakout & go higher?
Other indicator:-
MACD trade at positive region, uptrend stock.
Stochastic %K on BUY call itinerary.
Immediate resistance @ RM5.74 level.
If breakout RM5.74 level, higher high is confirm. Uptrend will resume.
Immediate support @ RM5.50 level.
Subsequent support @ RM5.35 level.
Let's watch closely.
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