Tuesday, November 6, 2018

Technical Analysis Nov 2018: NGGB (7241)


NEXTGREEN GLOBAL BERHAD 

Observation from chart:-

NGGB (7241) forming higher high & higher low.

It have breakout the higher high resistance as well.

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

Immediate support @ RM0.545 level.
Subsequent support @ RM0.50 level.

Immediate resistance @ RM0.605 level.
Subsequent resistance @ RM0.62 level.

 Let's watch closely.

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