Friday, November 20, 2020

Technical Analysis Nov 2020: ZHULIAN (BURSA: 5131)



ZHULIAN CORPORATION BERHAD 

Observation from Chart: 

ZHULIAN is forming triangle pattern. 

Will it breakout resistance line?

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

Immediate support @ MA20 level. 
Subsequent support @ triangle support line. 

Immediate resistance @ triangle resistance line. 
Subsequent resistance @ RM1.66 level. 

Let's watch closely Disclaimer.

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