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 Feb 2023: BETA (BURSA: 0263)

 

BETAMEK BERHAD (0263)

Observation From Chart:- 

BETA forming "U" pattern. 

Will it retest RM0.75 resistance level? 

 

Other indicator:- 

MACD trade at positive region, uptrend sign. 

Stochastic %K on BUY call itinerary. 

Immediate support @ RM0.57 level. 

Subsequent support @ RM0.53 level. 

Immediate resistance @ RM0.75 level. 

Subsequent resistance @ RM1.00 level.

Let's watch closely Disclaimer.