Tuesday, January 12, 2021

Technical Analysis Jan 2021: XOX (Bursa: 0165)



XOX BHD (Bursa: 0165) 

Observation from Chart:- 

XOX (Bursa: 0165) forming bolinger band sequeeze between RM0.095 & RM0.135 range since Sept 2020.

Will it breakout & go higher?

Other indicator:- 
MACD moving toward positive region, uptrend sign. 
Stochastic %K trigger BUY call, pending confirmation.

Immediate support @ MA20 level. 
Subsequent support @ RM0.095 level. 

Immediate resistance @ RM0.135 level. 
Subsequent resistance @ RM0.18 level. 

Let's watch closely Disclaimer

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