Saturday, September 19, 2020

Technical Analysis Sept 2020: FGV (Bursa: 5222)



FELDA GLOBAL VENTURES HLDG BHD 

Observation From Chart: 

FGV retest uptrend support level, RM1.12 & rebound.

Will it retest & breakout uptrend resistance line? 

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

Immediate resistance @ uptrend resistance line. 
Subsequent resistance @ RM1.50 level. 

Immediate support @ RM1.30 level. 
Subsequent support @ RM1.15 level. 

Let's watch closely Disclaimer

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