TAMBUN (5191) - Technical Analysis May 2015: TAMBUN (5191)
Observation from Chart:
TAMBUN (5191) succeed breakout descending triangle.
How high will it go?
Other indicator:-
MACD indicator heading toward positive region, uptrend sign.
Stochastic %K on BUY call itinerary.
Immediate resistance @ RM2.00 psychology level.
Subsequent resistance @ MA200 level, which is around RM2.07
Immediate support @ MA20 / MA50 support level, which is around RM1.80
Subsequent support @ RM1.75 level.
Let's watch closely...
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