Saturday, August 17, 2019

Technical Analysis Aug 2019: DRBHCOM (1619)


DRB-HICOM BERHAD 

Observation from Chart:-

DRBHCOM retest @ RM2.72 resistance level.

Will it breakout & go higher?

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

Immediate resistance @ RM2.72 level.
If breakout, higher high is confirm. Uptrend will resume.

Immediate support @ RM2.56 level.
Subsequent support @ RM2.38 level.

Let's watch closely.

0 comments:

Post a Comment