Technical Analysis June 2019: BURSA (1818)
BURSA MALAYSIA BERHAD
Observation from Chart:-
BURSA forming lower high & lower low.
Will it breakout downtrend resistance level & go higher ?
Other indicator:-
MACD at negative region, downtrend itinerary.
Stochastic %K on BUY call itinerary.
Immediate resistance @ RM6.72 level.
Subsequent resistance @ RM6.98 level.
Immediate support @ RM6.21 level.
Subsequent support @ RM5.92 level.
Let's watch closely.
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