Technical Analysis Jan 2020: DAYANG (5141)
DAYANG ENTERPRISE HOLDINGS BERHAD
Observation from Chart:-
DAYANG forming higher high & higher low. (From RM0.87 to RM2.54, +195.6%)
How high will it go?
Other indicator:-
MACD trade at positive region, uptrend itinerary.
Stochastic %K on BUY call.
Immediate resistance @ RM2.54
If breakout RM2.54, higher high is confirm. Uptrend will resume.
Immediate support @ RM2.34
Subsequent support @ RM2.20
Let's watch closely...
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