Friday, October 11, 2019

Technical Analysis Oct 2019: GTRONIC (7022)



GLOBETRONICS TECHNOLOGY BHD

Observation from chart:-

GTRONIC retest RM2.17 resistance level.

Will it breakout & go higher?

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

Immediate resistance would be RM2.17 level
Subsequent resistance would be RM2.28 level.

Immediate support @ RM2.08 level.
Subsequent support @ RM2.00 level.

Let's watch closely.

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