Sunday, April 26, 2020

Technical Analysis Apr 2020: CAREPLS (0163)


CAREPLUS GROUP BERHAD (0163) 

Observation from Chart:-

CAREPLS forming "U" pattern & breakout RM0.405 resistance level.

How high will it go?

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

Immediate support @ RM0.35 level.
Subsequent suport @ RM0.32 level.

Immediate resistance @ RM0.44 level.
Subsequent resistance @ RM0.50 level.

Let's watch closely.

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