Tuesday, April 11, 2023

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.

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