Saturday, January 30, 2021

Technical Analysis Jan 2021: ESCERAM (BURSA: 0100)



ES CERAMICS TECHNOLOGY BHD 

Observation from chart: 

ESCERAM (Bursa: 0100) succeed breakout RM0.61 resistance level. 

Will it retest RM0.95 resistance level? 

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

Immediate support @ RM0.61 level. 
Subsequent support @ RM0.465 level. 

Immediate resistance @ RM0.69 level. 
Subsequent resistance @ RM0.95 level. 

Let's watch closely Disclaimer

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