Thursday, November 26, 2020

Technical Analysis Nov 2020: GBGAQRS (BURSA: 5226)



GABUNGAN AQRS BERHAD (5226) 

Observation from Chart: 

GBGAQRS (5226) rebound from double bottom, RM0.585

Will it retest strong resistance, RM0.955 level? 

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

Immediate resistance @ RM0.955 level. 
Subsequent resistance @ RM1.10 level. 

Immediate support @ MA20 level. 
Subsequent support @ RM0.955 level. 

Let's watch closely Disclaimer.

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