Technical Analysis Jan 2015: ARMADA (5210)
Observation from Chart:-
ARMADA forming ascending triangle pattern.
Will it breakout RM1.22 resistance level?
Other indicator:-
MACD trade @ negative region, downtrend sign.
Stochastic %K pending trigger buy call.
Immediate support MA20 support level.
Immediate resistance @ RM1.22 level.
Subsequent resistance @ RM1.28 level.
Let's watch closely......
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