Tuesday, July 28, 2020

Technical Analysis July 2020: WPRTS (5246)



WESTPORTS HOLDINGS BERHAD 

Observation From Chart:-

WPRTS (5246) retest MA200 resistance level again.

How about this round, will it breakout?

Other indicator:-
MACD trading at negative region, downtrend sign.
Stochastic %K on BUY call itinerary.

Immediate resistance@ RM3.86 level,
Subsequent resistance @ RM4.06 level.
If able breakout MA200 resistance level, higher high is confirm. Uptrend will resume.

Immediate support @ RM3.68 level.
Subsequent support @ RM3.55 level.

Let's watch closely.

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