Technical Analysis Jun 2017: TENAGA (5347)

TENAGA NASIONAL BHD 

Observation from Chart:-

TENAGA succeed breakout ascending triangle resistance.

How high will it go?

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

Immediate support @ RM14.00 level.
Subsequent support @ RM13.80 level.

Immediate resistance @ RM14.28 level.
Subsequent resistance @ RM14.58 level.

Let's watch closely.

Technical Analysis Jan 2015: TENAGA (5347)

TENAGA NASIONAL BHD 

Observation from Chart:-

TENAGA retest RM14.54 resistance level again.

How about this round? Will it breakout?

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

Immediate support @ RM14.00 level.
Subsequent support @ RM13.64 level.

Immediate resistance @ RM14.54 level.

Let's watch closely.