Thursday, June 10, 2021

Technical Analysis June 2021: HBGLOB (BURSA: 5187)



HB GLOBAL LIMITED 

Observation From Chart:- 

HBGLOB (BURSA: 5187) forming higher high & higher low.

Will it retest uptrend line resistance?

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

Immediate resistance @ uptrend line resistance. 
Subsequent resistance @ RM0.50 level.

Immediate support @ RM0.30 level. 
Subsequent support @ uptrend line support.

 Let's watch closely Disclaimer

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