Saturday, September 19, 2020

Technical Analysis Sept 2020: PARKSON (Bursa: 5657)



PARKSON HOLDINGS BERHAD 

Observation from Chart:- 

PARKSON break up RM0.10 bolinger band squeeze & consolidate sideway again?

How long will it consolidate this round?

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

Immediate support @ RM0.17 level. 
Subsequent support @ RM0.15 level. 

Immediate resistance @ RM0.20 level. 
Subsequent resistance @ RM0.235 level. 

Let's watch closely Disclaimer

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