BURSA (1818) - Technical Analysis Sept 2016: BURSA (1818)


BURSA (1818) - Technical Analysis Sept 2016: BURSA (1818)


BURSA MALAYSIA BERHAD 

Observation from Chart:-

BURSA rebound at support level.

Will it retest the resistance level ?

Other indicator:-
MACD at negative region, it is downtrend itinerary.
Stochastic %K on BUY call itinerary.

Immediate resistance @ RM9.00 level.
Subsequent resistance @ RM9.30 level.

Immediate support @ RM8.70 level.
Subsequent support @ RM8.65 level.

If market sentiment remain bullish momentum, high potential BURSA will retest uptrend resistance level.

Let's watch closely.

BURSA (1818) - Technical Analysis Sept 2016: BURSA (1818)

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