Tuesday, June 22, 2021

Technical Analysis June 2021: PICORP (BURSA: 7201)



PROGRESSIVE IMPACT CORPORATION BERHAD 

Observation from Chart: 

PICORP (BURSA: 7201) forming triangle pattern. 

Will it breakout & go higher? 

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

Immediate resistance @ RM0.23 level. 
If breakoout, higher high is confirmed. Uptrend will resume.

Immediate support @ triangle support level. 
Subsequent support @ RM0.155 level.

Let's watch closely Disclaimer.

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