BURSA (1818) - Technical Analysis Sept 2016: BURSA (1818)
BURSA MALAYSIA BERHAD
Observation from Chart:-
BURSA rebound at support level.
Will it retest the resistance level ?
Other indicator:-
MACD at negative region, it is downtrend itinerary.
Stochastic %K on BUY call itinerary.
Immediate resistance @ RM9.00 level.
Subsequent resistance @ RM9.30 level.
Immediate support @ RM8.70 level.
Subsequent support @ RM8.65 level.
If market sentiment remain bullish momentum, high potential BURSA will retest uptrend resistance level.
Let's watch closely.
BURSA (1818) - Technical Analysis Sept 2016: BURSA (1818)
http://www.stocktalk2u.com/2016/09/technical-analysis-sept-2016-bursa-1818.html