Friday, September 11, 2020

Technical Analysis Sept 2020: HIBISCS (Bursa: 5199)

HIBISCUS PETROLEUM BERHAD 

Observation from Chart:- 

HIBISCS (5199) break triangle support level.  

What's next support level ?

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

Immediate resistance @ RM0.54 level. 
Subsequent resistance @ RM0.57 level. 

Immediate support @ RM0.50 level. 
Subsequent support @ RM0.40 level. 

Let's watch closely Disclaimer

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