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MEXTER (0075) - Technical Analysis July 2016: MEXTER (0075)


Observation from Chart:-

MEXTER forming ascending triangle pattern.

How about this round, will it breakout & go higher?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on BUY call itinerary.

Immediate resistance @ RM0.21 level.
Subsequent resistance @ RM0.23 level.

Immediate support @ RM0.19 level.
Subsequent support @ RM0.175 level.

If able breakout the strong resistance, higher high is formed.
Potential kick off another wave of bull run.

Let's watch closely.

MEXTER (0075) - Technical Analysis July 2016: MEXTER (0075)