Sunday, December 16, 2018

Technical Analysis Dec 2018: TAANN (5012)


TA ANN HOLDINGS BERHAD 

Observation From Chart:-

TAANN rebound from RM1.90 support level.

Will it breakout downtrend resistance level & form higher high?

Other indicator:-
MACD trade at negative region, downtrend itinerary.
Stochastic %K on BUY call itinerary.

Immediate resistance @ RM2.37 level.
Subsequent resistance @ RM2.45 level.

Immediate support @ RM2.00 level.
Subsequent support @ RM1.90 level.

Let's watch closely.

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