Monday, February 22, 2021

Technical Analysis Feb 2021: TASCO (BURSA: 5140)



TASCO BERHAD 

Observation from Chart:- 

TASCO retrace down from RM5.90 level.

Will it retest FIBO 61.8% level? 

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

Immediate support @ FIBO 61.8% level.
Subsequent support @ FIBO 50% level. 

Immediate resistance @ FIBO 78.6% level
Subsequent resistance @ FIBO 100% level.

Let's watch closely Disclaimer.

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