Sunday, February 13, 2022

Technical Analysis Feb 2022: MYEG (BURSA: 0138)



MY E.G. SERVICES BHD (0138) 

Observation From Chart:- 

MYEG forming ascending triangle pattern. 

Will it breakout RM1.12 resistance level & go higher? 
 
Other indicator:- 
MACD heading positive region, uptrend sign. 
Stochastic %K on BUY call itinerary. 

Immediate support @ RM1.00 level. 
Subsequent support @ triangle support level. 

Immeidate resistance @ RM1.12 level. 
Once breakout, higher high is confirmed. Uptrend resume.

Let's watch closely Disclaimer.

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