Technical Analysis June 2016: MITRA (9571)
Observation From Chart:
MITRA retest MA20 support level.
How about this round, will it rebound?
Other indicator:-
MACD trade @ positive region, uptrend sign.
Stochastic %K on BUY call itinerary.
Immediate resistance @ RM1.36 level.
Subsequent resistance @ RM1.39 level.
Immediate support @ RM1.33 level.
Subsequent support RM1.29 level.
Once breakout RM1.39 resistance, higher high is confirm.
Uptrend will resume.
Let watch closely.
MITRA (9571) - Technical Analysis June 2016: MITRA (9571)
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