Friday, June 8, 2018

Technical Analysis June 2018: POS (4634)


POS MALAYSIA BHD (4634) 

Observation From Chart:

POS forming ascending triangle pattern.

Will it breakout resistance?

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

Immediate resistance @ RM3.80 level.
Subsequent resistance @ RM4.00 level.

Immediate support @ RM3.50 level,
Subsequent support @ RM3.45 level.

Let's watch closely.

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