Friday, May 3, 2019

Technical Analysis May 2019: PLS (9695)


PLS PLANTATIONS BERHAD 

Observation from Chart:-

PLS retrace down & retest RM0.98 support level.

Will it rebound?

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

Immediate resistance @ RM1.08 level.
Subsequent resistance @ RM1.30 level.

Immediate support @ RM0.98 level.
Subsequent support @ RM0.94 level.

Let's watch closely.

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