Technical Analysis Dec 2018: YONGTAI (7066)

YONG TAI BERHAD 

Observation from chart:-

YONGTAI trading from RM1.52 high to RM0.32 low. (-77.9%)

Will it rebound & breakout downtrend resistance level?

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

Immediate support @ RM0.32 level.
If break RM0.32 support, lower low will be form, downtrend will resume.

Immediate resistance @ RM0.435 level.
Subsequent resistance @ RM0.50 level.

Let's watch closely for opportunity.

Technical Analysis Sept 2016: YONGTAI (7066)

YONG TAI BHD (7066) 

Observation from Chart:-

YONGTAI (7066) forming symmetrical triangle pattern.

When will it breakout ?

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

Immediate resistsnce @ RM1.12 level.
subsequent resistance @ RM1.14 level.

Immediate support @ RM1.07 level.
Subsequent support @ RM1.04 level.

Let's watch closely.