Technical Analysis Oct 2019: BSTEAD (2771)

BOUSTEAD HOLDINGS BERHAD 

Observation From Chart:

BSTEAD forming descending triangle pattern.

Will it breakout strong resistance level & go higher?

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

Immediate resistance @ RM1.08 level.
Subsequent resistance @ RM1.12 level.

Immediate support @ RM1.00 level
If break immediate support, lower low will be confirm. Downtrend will resume.

Let's watch closely.

Technical Analysis Jun 2017: BSTEAD (2771)

BOUSTEAD HOLDINGS BERHAD 

Observation From Chart:

BSTEAD succeed breakout downtrend resistance level.

How high will it go?

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

Immediate resistance @ RM2.75 level.
Subsequent resistance @ RM2.85 level.

Immediate support @ RM2.60 level
Subsequent support @ RM2.42 level.

Let's watch closely.