Monday, October 5, 2020

Technical Analysis Oct 2020: NAIM (Bursa: 5073)



NAIM HOLDINGS BERHAD 

Observation from Chart:- 

NAIM breakout MA20 resistance & consolidate sideway.

Will it retest next resistance level?

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

Immediate resistance @ RM0.91 level. 
Subsequent resistance @ RM1.04 level. 

Immediate support @ MA20 level 
Subsequent support @ RM0.72 level. 

Refer pass history, NAIM will be one of the Sarawak election theme stock.

Let's watch closely Disclaimer.

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