Saturday, July 27, 2019

Technical Analysis July 2019: QL (7084)



QL RESOURCES BERHAD 

Observation from Chart:-

QL (7084) forming bolinger band squeeze within RM6.57 & RM7.01

When will it breakout?

Other indicator:-
MACD trade at nominal region
Stochastic %K on BUY call itinerary.

Immediate resistance @ RM7.01 level
Subsequent resistance @ RM7.50 level

Immediate support @ RM6.57 level
Subsequent support @ RM6.08 level

Let's watch closely.

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