Technical Analysis May 2017: OLDTOWN (5201)

OLDTOWN BERHAD 

Observation from Chart:-

OLDTOWN succeed breakout RM2.80 resistance level ?

How high will it go?

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

Immediate resistance @ RM3.00 which psychology level.

Immediate support @ RM2.80 level.
Subsequent support @ RM2.60 level.

Higher high is confirmed, so uptrend will be resume.

Let's watch closely.

Technical Analysis Nov 2016: OLDTOWN (5201)

OLDTOWN BERHAD 

Observation from Chart:-

OLDTOWN gap down with huge volume.

Will it retest RM1.695 support level ?

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

Immediate resistance @ RM1.95 level.
Subsequent resistance @ RM2.02 level.

Immediate support @ RM1.695 support level.
Subsequent support @ RM1.61 level.

Let's watch closely.

Technical Analysis July 2014: OLDTOWN (5201)

OLDTOWN BERHAD 

Observation from Chart:-

OLDTOWN break MA20 support level.

How about MA50 support, is that strong for it rebound?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K pending trigger BUY call.

Immediate resistance @ RM2.20 level. 
Subsequent resistance @ RM2.28 level.

Immediate support @ RM2.17 support level.
Subsequent support @ RM2.15 level, which is MA50 support level.

At this moment, MA50 is crucial support.

Let's watch closely.

Technical Analysis June 2014: OLDTOWN (5201)

OLDTOWN BERHAD 

Observation from Chart:-

OLDTOWN keep on forming higher high & higher low.
How high will it go?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K pending trigger BUY call.

Immediate resistance @ RM2.28 level. 
Subsequent resistance @ RM2.35 level.

Immediate support @ MA20 level which is RM2.18 support level.
Subsequent support @ RM2.08 level.

Let's watch closely.