Sunday, December 15, 2019

Technical Analysis Dec 2019: ECOWLD (8206)


ECO WORLD DEVELOPMENT GROUP BERHAD (8206) 

Observation From Chart:-

ECOWLD succeed breakout bolinger band squeeze.

How high will it go ?

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

Immediate resistance @ RM0.78 level.
Subsequent resistance @ RM0.81 level.

Immediate support @ RM0.72 level
Subsequent support @ RM0.70 level.

Let's watch closely

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