KINSTEL (5060) - Technical Analysis May 2015: KINSTEL (5060)
Observation from Chart:-
KINSTEEL succeed breakout descending triangle.
How high will it go?
Other indicator:-
MACD indicator heading toward positive region, uptrend sign.
Stochastic %K trigger BUY call.
Immediate resistance @ RM0.165 level.
Subsequent resistance @ MA200 level, which is around RM0.175
Immediate support @ MA100 support level, which is around RM0.145
Subsequent support @ MA50 support level, which is around RM0.135
Let watch closely...
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