Thursday, December 17, 2020

Technical Analysis Dec 2020: IWCITY (BURSA: 1589)



ISKANDAR WATERFRONT CITY BHD 

Observation from Chart:- 

IWCITY (BURSA: 1589) retest resistance level. 

Will it succeed breakout & go higher? 

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

Immediate resistance @ sideway resistance level. 
Subsequent resistance @ RM0.80 level. 

Immediate support @ RM0.56 level 
Subsequent support @ RM0.53 level. 

Let's watch closely Disclaimer.

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