Technical Analysis May 2020: KAREX (5247)
KAREX BERHAD (5247)
Observation from Chart:
KAREX (5247) retest RM0.585 resistance level.
Will it breakout & go higher?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K at BUY call itinerary.
Immediate resistance @ RM0.585 level.
Subsequent resistance @ RM0.65 level.
Immediate support @ RM0.52 level.
Subsequent support @ RM0.48 level.
Let's watch closely
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