Saturday, July 27, 2019

Technical Analysis July 2019: BURSA (1818)



BURSA MALAYSIA BERHAD 

Observation from Chart:-

BURSA retest RM6.79 support level.

Will it rebound or retest next support?

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

Immediate resistance @ RM7.00 level.
Subsequent resistance @ RM7.10 level.

Immediate support @ RM6.79 level.
Subsequent support @ RM6.50 level.

Let's watch closely.

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