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GBGAQRS (5226) - Technical Analysis Aug 2016: GBGAQRS (5226)


GBGAQRS (5226) - Technical Analysis Aug 2016: GBGAQRS (5226)

GABUNGAN AQRS BERHAD (5226)

Observation from Chart:

GBGAQRS (5226) forming ascending triangle pattern.

Will it breakout RM1.18 resistance level & go higher?

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

Immediate resistance @ RM1.18 level.
Subsequent resistance @ RM1.28 level.

Immediate support @ RM1.12 level.
Subsequent support @ ascending triangle support level.

For news pertaining GBGAQRS:-
AQRS to get RM500 mil SUKE subcontract
Source: http://www.theedgeproperty.com.my/

Company do make clarification pertaining that news.
For full info, pls refer www.bursamalaysia.com

Let's watch closely

GBGAQRS (5226) - Technical Analysis Aug 2016: GBGAQRS (5226)
http://www.stocktalk2u.com/2016/08/technical-analysis-aug-2016-gbgaqrs-5226.html