SAPNRG (5218) - Technical Analysis Nov 2017: SAPNRG (5218)

SAPURA ENERGY BERHAD 

Observation from Chart:

SAPNRG (5218) forming lower high & lower low.

How low will it go?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K pending trigger BUY call.

Immediate support @ RM1.28 level.
If break this level, another lower low is formed.

Immediate resistance @ RM1.38 level.
Subsequent resistance @ RM1.43 level.

CHANGE OF STOCK SHORT NAME: "SENERGY" TO "SAPNRG"

SAPNRG traded and quoted under the new stock short name with effect from 9.00 a.m., Friday, 24 November 2017. However, the Stock Number remains unchanged.

Source: http://www.bursamalaysia.com/

Let's watch closely for technical rebound

http://www.stocktalk2u.com/2017/11/technical-analysis-nov-2017-sapnrg-5218.html