Monday, August 31, 2020

Technical Analysis Aug 2020: GADANG (9261)

 

GADANG HOLDINGS BHD (9261) 

Observation from Chart:-  

GADANG (9261) succeed breakout downtrend line ? 
 
How high will it go? 

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

Immediate support @ RM0.405 level. 
Subsequent support @ RM0.35 level. 

Immediate resistance @ RM0.50 level. 
Subsequent resistance @ RM0.55 level. 

Let's watch closely

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