Monday, August 17, 2020

Technical Analysis Aug 2020: GPACKET (0082)

 

GREEN PACKET BERHAD 

Observation from Chart:- 

GPACKET (0082) rebound from RM0.50 support level. 

How high will it rebound? 

Other indicator:- 
MACD moving toward positive region, uptrend sign. 
Stochastic %K on BUY call itinerary. 

Immediate support @ RM0.50 level. 
Subsequent support @ RM0.41 level. 

Immediate resistance @ RM0.93 level. 
Subsequent resistance @ RM1.50 level. 

Let's watch closely.

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