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SKP RESOURCES BHD (7155) 

Observation from Chart:

SKPRES (7155) forming descending triangle pattern.

Will it rebound @ strong support level, RM1.20 ?

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

Immediate support @ RM1.20 level.
Subsequent support @ RM1.18 level.

Immediate resistance @ RM1.25 level.
Subsequent resistance @ RM1.27 level.

Let's watch closely.

SKPRES (7155) - Technical Analysis June 2016: SKPRES (7155)
http://www.stocktalk2u.com/2016/06/technical-analysis-june-2016-skpres-7155.html
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