Sunday, June 16, 2019

Technical Analysis June 2019: GPACKET (0082)


GREEN PACKET BERHAD 

Observation from Chart:-

GPACKET (0082) forming descending triangle pattern.

Will it breakout resistance & go higher?

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

Immediate support @ RM0.31 level.
Subsequent support @ RM0.30 level.

Immediate resistance @ RM0.36 level.
Subsequent resistance @ RM0.40 level.

Let's watch closely.

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