Thursday, December 3, 2020

Technical Analysis Dec 2020: COASTAL (BURSA: 5071)



COASTAL CONTRACTS BHD (5071) 

Observation From Chart:- 

COASTAL consolidate sideway since 23 March 2020.

It has been retest 6x strong resistance line but unable breakout.  

How about this round?

Other indicator:- 
MACD at neutral region, sideway trend. 
Stochastic %K on BUY call itinerary. 

Immediate support @ strong support line. 
Subsequent support @ RM0.53 level.

Immediate resistance @ strong resistance line. 
Subsequent resistance @ RM0.77 level. 

Let's watch closely Disclaimer

0 comments:

Post a Comment