M3TECH (0017) - Technical Analysis Jan 2018: M3TECH (0017)






M3 TECHNOLOGIES (ASIA) BERHAD

Observation from Chart:

M3TECH (0017) succeed breakout ascending triangle resistance level.

How high will it go?

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

Immediate resistance @ RM0.17 level.
If able breakout RM0.17, higher high is confirmed, uptrend will resume.

Immediate support @ RM0.15 level.
Subsequent support @ RM0.135 level.

Let's watch closely

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