Technical Analysis Feb 2019: VSOLAR (0066)
VSOLAR GROUP BERHAD
Observation from chart:-
VSOLAR (0066) forming higher high & higher low.
How high will it go?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on SELL call itinerary.
Due to overbought, most like will consolidate sideway or retest support level.
Immediate support @ RM0.17 level.
Subsequent support @ RM0.155 level.
Immediate resistance @ RM0.195 level.
If break RM0.195 level, higher is confirm. Uptrend may resume.
Let's watch closely.
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