Technical Analysis Apr 2023: BPPLAS (BURSA: 5100)

BP PLASTICS HOLDING BHD

Observation From Chart:- 

BPPLAS forming desending triangle pattern?

Will it breakout resistance level? 

 

Other indicator:- 

MACD moving toward positive region, uptrend sign. 

Stochastic %K on BUY call itinerary. 

Immediate support @ RM1.23 level. 

Subsequent support @ RM1.15 level. 

Immediate resistance @ RM1.32 level. 

Subsequent resistance @ descending triangle level.

Let's watch closely Disclaimer.

Technical Analysis Apr 2023: BETA (BURSA: 0263)

BETAMEK BERHAD (0263)

Observation From Chart:- 

BETA forming big "W" pattern?

Will it retest RM0.66 resistance level? 

 

Other indicator:- 

MACD trade at negative region, downtrend sign. 

Stochastic %K on BUY call itinerary. 

Immediate support @ RM0.47 level. 

Subsequent support @ RM0.42 level. 

Immediate resistance @ RM0.575 level. 

Subsequent resistance @ RM0.66 level.

Let's watch closely Disclaimer.

Technical Analysis Apr 2023: TOPGLOVE (Bursa: 7113)

TOP GLOVE CORPORATION BERHAD 

Observation from chart: 

TOPGLOVE consolidate sideway between RM0.93 and RM1.025 

Will it break resistance & go higher?

Other indicator:- 

MACD trade at positive region, uptrend sign. 

Stochastic %K on BUY itinerary.

Immediate support @ RM0.93 level. 

Subsequent support @ RM0.835 level. 

Immediate resistance @ RM1.115 level. 

Subsequent resistance @ RM1.025 level. 

Let's watch closely Disclaimer