Sep 20, 2015

Careplus Chart: Breakout

Careplus Grup Bhd Stock Code 0163

CAREPLS experienced a flag formation breakout above the RM0.46 level with higher-than-average volumes. The MACD Indicator is trending higher, while the RSI is hovering above 50. Price target will be envisaged around the RM0.51-RM0.535 levels. Support will be anchored around the RM0.44 level.

Careplus Daily Chart (click to enlarge):

careplus anlaysis

by Malacca Securities

CAREPLUS GROUP BERHAD
The Company are principally an investment holding company whilst their wholly owned subsidiaries are principally involved in the manufacturing processing ann trading of gloves.