Saturday, June 15, 2019

Technical Analysis June 2019: HUAYANG (5062)


HUA YANG BERHAD 

Observation from Chart:-

HUAYANG (5062) strong rebound from RM0.305 bottom level to RM0.43 level. (+41%)

Will it breakout strong resistance RM0.43 level?

Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K on BUY call itinerary.

Immediate resistance @ RM0.43 level.
Subsequent resistance @ RM0.45 level.

Immediate support @ RM0.395 level.
Subsequent support @ RM0.375 level.

Let's watch closely...

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