Sunday, November 11, 2018

Technical Analysis Nov 2018: HAIO (7668)



HAI-O ENTERPRISE BERHAD 

Observation From Chart:

HAIO forming lower high & lower low.

Will it form strong rebound soon?

Other indicator:-
MACD trade @ negative region, downtrend sign.
Stochastic %K on SELL call itinerary.

Immediate resistance @ RM3.60 level.
Subsequent resistance @ RM3.70 level.

Immediate support @ RM3.30 level.
Subsequent support @ RM3.21 level.

Let's watch closely.

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