Yesterday, REDTONE gained 1.0 sen (+2.27%) to close at RM0.450. Chart-wise, the share has been on a steady uptrend since March this year, which saw the share currently trading above all of its key-SMAs. With room for further upticks on RSI and Stochastic indicators, we believe that the share may be poised for more upside possibility. Key resistance levels to look out for are RM0.515 (R1) and RM0.565 (R2). Conversely, downside supports can be identified at RM0.340 (S1) and RM0.275 (S2).
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
TanChinku
188 posts
Posted by TanChinku > 2019-09-24 16:43 | Report Abuse
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