Observation from chart:-
GTRONIC break the bolinger band squeeze support level already 34%.
Will it technical rebound?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K oversold, pending trigger BUY call.
Immediate resistance would be RM3.50 level
Subsequent resistance would be RM3.84 level.
Immediate support @ RM3.42 level.
Subsequent support @ RM3.00 level.
Let's watch closely for reversal candlestick for technical rebound opportunity.
GTRONIC (7022) - Technical Analysis May 2016: GTRONIC (7022)
http://www.stocktalk2u.com/2016/04/technical-analysis-may-2016-gtronic-7022.html
