Saturday, January 9, 2021

Technical Analysis Jan 2021: SUPERMX (BURSA: 7106)



SUPERMAX CORPORATION BERHAD 

Observation From Chart:- 

SUPERMX (7106) forming descending triangle pattern. 

Will it retest triangle line? 

Other indicator:- 
MACD trade @ negative region, downtrend sign. 
Stochastic %K on BUY call itinerary. 

Immediate resistance @ triangle resistance line. 
Subsequent resistance @ RM9.04 level. 

Immediate support @ RM6.60 level. 
Subsequent support @ triangle support line. 

Let's watch closely Disclaimer 

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