Technical Analysis Apr 2017: WTK (4243)

WTK HOLDINGS BERHAD 

Observation from Chart:-

WTK (4243) forming descending triangle pattern.

Will it rebound @ support level ?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K trigger SELL call, pending confirmation.

Immediate resistance @ RM1.02 level.
Subsequent resistance @ RM1.05 level.

Immediate support @ RM0.985 level.
Subsequent support @ RM0.955 level.

Let's watch closely.

Technical Analysis Mar 2017: WTK (4243)

WTK HOLDINGS BERHAD

Observation from Chart:-

Since 23 Nov 2016, WTK (4243) forming bolinger band squeeze .

When will it breakout ?

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

Immediate resistance @ RM1.05 level.
Subsequent resistance @ RM1.12 level.

Immediate support @ RM0.98 level.
Subsequent support @ RM0.895 level.

Let's watch closely.