Wednesday, January 8, 2020

Technical Analysis Jan 2020: POS (4634)



POS MALAYSIA BHD (4634) 

Observation From Chart:

POS (4634) forming symmetrical triangle pattern.

Will it breakout resistance?

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

Immediate resistance @ RM1.54 level.
Subsequent resistance @ RM1.60 level.

Immediate support @ RM1.45 level.
Subsequent support @ RM1.38 level.

Let's watch closely.

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