Technical & Fundamental Analysis of MY stock

Hartalega Holdings could fall further, technicals suggest

Joel Chan
Publish date: Mon, 28 Jan 2019, 05:09 PM
Joel Chan
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KUALA LUMPUR (Jan 28): Shares of Hartalega Holdings, which are up more than 12 pct over the past two weeks, could decline, technical charts suggest

** Stock faces resistance at its 50-day exponential moving average (EMA)

** Stochastic indicator %K line has cut below the %D line, a negative sign

** Percent R indicator shows stock is in an overbought zone

** Stock down 2.3 pct on Monday, compared with the broader index's loss of 0.14 pct

 

https://www.theedgemarkets.com/article/hartalega-holdings-could-fall-further-technicals-suggest

HARTA (5168)
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