KAWAN FOOD BERHAD
Observation from Chart:
KAWAN (7216) retrace down from RM3.75 high to RM1.27 low (-65.3%)
On 10 July 2019, KAWAN succeed breakout downtrend resistance level.
How high will it go?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on SELL call itinerary.
Immediate resistance @ RM1.60 level.
Subsequent resistance @ RM1.66 level.
Immediate support @ RM1.43 level.
Subsequent support @ RM1.40 level.
Let's watch closely
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