Sunday, October 18, 2020

Technical Analysis Oct 2020: VITROX (Bursa: 0097)

 


VITROX CORPORATION BERHAD

Observation from chart: 

VITROX (Bursa: 0097) forming ascending triangle pattern. 

Will it breakout RM13.30 resistance level? 

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

Immediate support @ RM12.80 level. 
Subsequent support @ RM12.20 level. 

Immediate resistance @ RM13.30 level. 
If succeed breakout, higher high is confirm. Uptrend resume.

Let's watch closely Disclaimer

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