Technical Analysis July 2020: BIMB (5258)
BIMB HOLDINGS BERHAD
Observation From Chart:-
BIMB forming ascending triangle pattern.
Will it breakout & go higher?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K trigger BUY call itinerary.
Immediate resistance @ RM3.70 level.
Subsequent resistance @ RM3.80 level.
Immediate support @ ascending triangle level.
Subsequent support @ RM3.38 level.
Let's watch closely.
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