Technical Analysis July 2020: QES (0196)
QES GROUP BERHAD
Observation from Chart:-
QES (0196) forming "V" shape rebound & retest strong resistance level, RM0.245
Will it break the resistance & go higher ?
Other indicator:-
MACD at positive region, uptrend sign.
Stochastic %K on BUY call itinerary.
Immediate resistance @ RM0.245 level.
If breakout this strong resistance, higher high is confirm. Uptrend will resume
Immediate support @ RM0.215 level.
Subsequent support @ RM0.195 level.
Let's watch closely.
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