Friday, November 13, 2020

Technical Analysis Nov 2020: SUPERMX (BURSA: 7106)

SUPERMAX CORPORATION BERHAD

Observation From Chart:- 

SUPERMX (7106) forming symmetrical triangle pattern.

Will it breakout resistance or support level? 

Other indicator:- 
MACD trade @ neutral region, sideway trend sign. 
Stochastic %K on SELL call itinerary. 

Immediate resistance @ triangle resistance level. 
Subsequent resistance @ RM10.80 level. 

Immediate support @ triangle support level.
Subsequent support @ RM6.00 level. 

Let's watch closely Disclaimer

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