Friday, February 22, 2019

Technical Analysis Feb 2019: DRBHCOM (1619)


DRB-HICOM BERHAD 

Observation from Chart:-

DRBHCOM forming double bottom @ RM1.61 level ?

Will it rebound at RM1.78 support level?

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

Immediate resistance @ RM1.91 level.
Subsequent resistance @ RM2.09 level.

Immediate support @ RM1.74 level.
Subsequent support @ RM1.61 level.

Let's watch closely.

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