Wednesday, June 5, 2019

Technical Analysis June 2019: DELEUM (5132)


DELEUM BERHAD 

Observation from Chart:-

DELEUM trading within RM0.90 & RM1.32 range.

When will it breakout the band?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K pending trigger BUY call.

Immediate resistance @ RM1.07 level.
Subsequent resistance @ RM1.19 level.

Immediate support @ RM0.90 level.
Subsequent support @ RM0.76 level.

Let's watch closely

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