Saturday, April 3, 2021

Technical Analysis Apr 2021: CMSB (BURSA: 2852)



CAHYA MATA SARAWAK BERHAD (2852) 

Observation From Chart:- 

CMSB (BURSA: 2852) retest MA50 support level.

Will it rebound & breakout descending triangle resistance?

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

Immediate support @ MA50 level. 
Subsequent support @ RM2.00 level. 

Immediate resistance @ descending triangle level. 
Subsequent resistance @ RM2.50 level. 

Let's watch closely disclaimer

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