SAPURA ENERGY BERHAD
Observation from Chart:
SAPNRG (5218) forming descending triangle pattern.
Will it breakout strong resistance & go higher ?
Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K on BUY call itinerary.
Immediate resistance @ RM0.275 (descending triangle line)
Subsequent resistance @ RM0.30
Immediate support @ RM0.26 level.
If break this strong support, lower low is confirm, Downtrend may resume.
Let's watch closely for opportunity
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