Sunday, August 9, 2020

Technical Analysis Aug 2020: SUNWAY (5211)


SUNWAY HOLDING BERHAD 

Observation from chart:- 

SUNWAY retest strong support level. 

Will it rebound? 

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

Immediate resistance @ RM1.35 level. 
Subsequent resistance @ RM1.45 level. 

Immediate support @ RM1.29 level. 
Subsequent support @ RM1.25 level. 

Let's watch closely for opportunity. 

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