Tuesday, June 5, 2018

Technical Analysis June 2018: TAMBUN (5191)



TAMBUN INDAH LAND BERHAD 

Observation from Chart: 

TAMBUN (5191) forming lower high & lower low.

Will it technical rebound ?

Other indicator:-
MACD moving toward negative region, downtrend sign.
Stochastic %K pending trigger BUY call.

Immediate resistance @ RM0.80 level.
Subsequent resistance @ RM0.84 level.

Immediate support @ RM0.75 level.
Subsequent support @ RM0.73 level.

Let's watch closely...

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