Friday, July 24, 2020

Technical Analysis July 2020: GREATECH (0208)



GREATECH TECHNOLOGY BERHAD

Observation from Chart:-

GREATECH (0208) trading higher high & higher low.

How high will it go?

Other indicator:-
MACD trade @ positive region, uptrend sign.
Stochastic %K trigger SELL call, pending confirmation.

Immediate resistance @ RM5.80 level.
If able break this level, higher high is confirm. Uptrend may resume.

Immediate support @ RM5.00 level.
Subsequent support @ RM4.50 level.

Let's watch closely for opportunity.

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