Saturday, June 19, 2021

Technical Analysis June 2021: CMSB (BURSA: 2852)



CAHYA MATA SARAWAK BERHAD (2852) 

Observation From Chart:- 

CMSB (BURSA: 2852) forming ascending triangle pattern ?

Will it retest strong support level & rebound? 

Will it rebound? 

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

Immediate support @ strong ascending triangle level. 
Subsequent support @ RM1.04 level. 

Immediate resistance @ RM1.70 level. 
Subsequent resistance @ RM1.80 level. 

Let's watch closely Disclaimer

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