Saturday, October 17, 2020

Technical Analysis Oct 2020: ESCERAM (Bursa: 0100)



ES CERAMICS TECHNOLOGY BHD 

Observation from chart: 

ESCERAM (Bursa: 0100) forming "U" pattern. 

Will it breakout RM0.94 resistance?

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

Immediate support @ RM0.75 level. 
Subsequent support @ RM0.70 level. 

Immediate resistance @ RM0.94 level. 
Subsequent resistance @ RM1.00 level. 

Let's watch closely Disclaimer

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