OPENSYS (0040) - Technical Analysis July 2016: OPENSYS (0040)





OPENSYS (M) BHD 

Observation from Chart:-

OPENSYS (0040) is consolidate sideway (within RM0.27 & RM0.315 range) since Oct 2015.

When will it breakout?

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

Immediate resistance @ RM0.315 level.
Subsequent resistance @ RM0.325 level.

Immediate support @ RM0.27 level.
Subsequent support @ RM0.26 level.

Upcoming Q2 result will be announced on August 2016.

Let's watch closely.

OPENSYS (0040) - Technical Analysis July 2016: OPENSYS (0040)
http://www.stocktalk2u.com/2016/07/technical-analysis-july-2016-opensys.html