ASIAPLY (0105) - Technical Analysis July 2016: ASIAPLY (0105)





ASIA POLY HOLDINGS BHD 

Observation from Chart:-

ASIAPLY (0105) forming symmetrical triangle pattern.

Will it breakout & go higher?

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

Immediate resistance @ RM0.265 level.
Subsequent resistance @ RM0.27 level.

Immediate support @ MA20 level.
Subsequent support @ RM0.245 level.

Source: www.malaysiastock.biz

Referring Quarter Report History, ASIAPLY upcoming Q2 result will be announce on August 2016.
Perhaps, it will choose direction around that period of time.

Let's watch closely.

ASIAPLY (0105) - Technical Analysis July 2016: ASIAPLY (0105)
http://www.stocktalk2u.com/2016/07/technical-analysis-july-2016-asiaply.html