AZRB (7078) - Technical Analysis trade

House of Technical Idea (01/06/2016)

FBMKLCI 1626 (-3.87, -0.24%)
Support: 1600
Resistance:  1650, 1680, 1700

Market Overview:

KLCI to travel in sideway between 1600/1650. Should 1600 breaks, further downside should be in view. KLCI is trading below 200MA indicating the bears overpowering the bulls.

1)Stock Name: AZRB
Entry:  Above RM0.720
Target: RM0.750/0.800
Stop:  Below RM0.680

2)Stock Name: JCY
Entry:  Above RM0.665
Target: RM0.80/0.90
Stop:  Below RM0.645

MATA Technical Division

AZRB (7078) - Technical Analysis trade
http://aimthebull.blogspot.my/2016/06/technical-analysis-trade.html