11MP劲爆股好介绍

Technical Analysis May 2015: MITRA(9571)

Observation from Chart:

 succeed breakout trend line

How high will it go? R: 1.97 TP:2.18-2.38

Other indicator:-

MACD indicator heading toward positive region, uptrend sign. 

Stochastic %K on BUY call itinerary.

Rsi >50 strong signal

Immediate resistance @ RM1.90

Subsequent resistance @, which is around RM1.97

Immediate support @ MA20 / MA50 support level, which is around RM1.77

Subsequent support @ RM1.65 level.

Let's watch closely...

Trade plan : buy in above 1.86 cut-loss  below support.

Trade at your own risk.