Sunday, December 13, 2020

Technical Analysis Dec 2020: SUPERMX (BURSA: 7106)



SUPERMAX CORPORATION BERHAD 

Observation From Chart:- 

SUPERMX (7106) forming symmetrical triangle pattern. 

Will it rebound or break support level? 

Other indicator:- 
MACD trade @ negative region, downtrend 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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