Wednesday, November 6, 2019

Technical Analysis Nov 2019: BURSA (1818)



BURSA MALAYSIA BERHAD

Observation from Chart:-

BURSA forming double bottom @ RM5.92 support level?

Will it strong rebound?

Other indicator:-
MACD at negative region, downtrend itinerary.
Stochastic %K on BUY call itinerary.

Immediate resistance @ RM6.19 level.
Subsequent resistance @ RM6.50 level.

Immediate support @ RM5.92 level.
Subsequent support @ RM5.80 level.

Let's watch closely.

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