Technical Analysis Oct 2019: REDTONE (0032)
REDTONE INTERNATIONAL BERHAD
Observation from Chart:-
REDTONE forming higher high & higher low.
How high will go?
Other indicator:-
MACD at positive region, uptrend sign.
Stochastic %K on BUY call itinerary.
Immediate resistance @ RM0.555 level.
Subsequent resistance @ RM0.60 level.
Immediate support @ RM0.50 level.
Subsequent support @ RM0.475 level.
Let's watch closely.
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