Thursday, August 12, 2021

Technical Analysis Aug 2021: CAREPLS (Bursa: 0163)



CAREPLUS GROUP BERHAD (0163) 

Observation from Chart:- 

CAREPLS (0163) forming triangle pattern.

Will it breakout triangle resistance & go higher? 

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

Immediate support @ RM1.62 level.
Subsequent support @ RM1.23 level. 

Immediate resistance @ RM2.26 level. 
Subsequent resistance @ RM2.87 level. 

Let's watch closely Disclaimer. 

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