Technical Analysis June 2016: KUB (6874)

KUB MALAYSIA BERHAD 

Observation from Chart:-

KUB forming higher high & higher low.

How high will it go?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on buy call itinerary.

If able break through RM0.38 resistance level, uptrend  will be resume.
If retrace down, RM0,34 will be immediate support.
Subsequent support @ RM0.325 level.

Let watch closely.

Technical Analysis July 2014: KUB (6874)

KUB MALAYSIA BERHAD

Observation from Chart:-

KUB forming higher high & higher low.

How high will it go?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on buy call itinerary.

If able break through upper uptrend resistance, it will kick off another wave of bull run..
If retrace down, RM0,57 will be immediate support.
Subsequent support @ MA20 level.

Let watch closely.