Wednesday, August 4, 2021

Technical Analysis Aug 2021: BIG (Bursa: 7005)



B. I. G. INDUSTRIES BHD 

Observation from Chart: 

BIG (Bursa: 7005) forming symmetrical triangle pattern. 

Will it breakout the support or resistance level ? 

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

Immediate support @ triangle level. 
Subsequent support @ RM1.24 level. 

Immediate resistance @ triangle level. 
Subsequent resistance @ RM1.98 level.

Let's watch closely Disclaimer.

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