TH HEAVY ENGINEERING BERHAD
Observation from Chart:-
THHEAVY (7206) succeed breakout RM0.965 strong resistance.
How high will it go?
Other indicator:-
1. MACD trade at positive region, uptrend sign.
2. Stochastic %K on BUY call itinerary.
Since it already break through RM0.965 level, uptrend is confirm. (higher high + higher low)
It's an opportuniry if retest support.
Immediate support @ RM0.965 level.
Subsequent support @ MA20 level.
Let's watch closely.
Observation from Chart:-
THHEAVY (7206) succeed breakout RM0.965 strong resistance.
How high will it go?
Other indicator:-
1. MACD trade at positive region, uptrend sign.
2. Stochastic %K on BUY call itinerary.
Since it already break through RM0.965 level, uptrend is confirm. (higher high + higher low)
It's an opportuniry if retest support.
Immediate support @ RM0.965 level.
Subsequent support @ MA20 level.
Let's watch closely.