Friday, October 2, 2020

Technical Analysis Oct 2020: CAREPLS (Bursa: 0163)



CAREPLUS GROUP BERHAD (0163) 

Observation from Chart:- 

CAREPLS (0163) forming ascending triangle pattern?  

Will it breakout triangle line resistance?

Other indicator:- 
MACD trade at positive region, uptrend sign. 
Stochastic %K trigger BUY call, pending confirmation. 

Immediate support @ triangle support line level. 
Subsequent support @ RM2.55 level. 

Immediate resistance @ triangle resistance line level. 
Subsequent resistance @ RM4.25 level. 

Let's watch closely Disclaimer.

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