Technical Analysis Aug 2019: REDTONE (0032)
REDTONE INTERNATIONAL BERHAD
Observation from Chart:-
REDTONE retest RM0.405 strong resistance level.
Will it breakout & go higher?
Other indicator:-
MACD at positive region, uptrend sign.
Stochastic %K on BUY call itinerary.
Immediate resistance @ RM0.405 level.
Subsequent resistance @ RM0.44 level.
Immediate support @ RM0.37 level.
Subsequent support @ RM0.335 level.
Let's watch closely.
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