DIGI.COM BHD
Observation from Chart:-
DIGI forming lower high & lower low.
How low will it go?
Other indicator:-
MACD trade negative region, downtrend sign.
Stochastic %K pending trigger BUY call.
Immediate support @ RM4.30 level.
Subsequent support @ RM4.00 level.
Immediate resistance @ RM4.80 level.
Subsequent resistance @ RM5.00 level
.
Due to no clear base been formed, potential formed another lower low record. It's opportunity if able formed double bottom & breakout MA20 resistance level.
DIGI (6947) - Technical Analysis May 2016: DIGI (6947)
http://www.stocktalk2u.com/2016/05/technical-analysis-may-2016-digi-6947.html