SAPRNG (5218) - Technical Analysis
- HONG WEI GIET
- Feb 10, 2019
- 1 min read
Technical Analysis
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- SAPRNG drop below to maintain RM0.275 with huge volume (Highest in 4 mths+) on 29.01.2019
- RSI fall below 20 and dull in 4 days.
- However, it tries to challenge 20EMA and short term downtrend line with huge volume on 08.02.2019. RSI also turned upward.
- Thus, it consolidated RM0.275 as a support line, S2.
- Resistance R2 @ RM0.380
- Resistance R1 @ RM0.335
- Support, S1 @ RM0.300
- Support, S2 @ RM0.275