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vf_investment

MK RESTAURANT GROUP - short position

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MK RESTAURANT GROUP PUBLIC CO LTD (SET:M)  
vf_investment  
SET:M   MK RESTAURANT GROUP PUBLIC CO LTD
Trend Analysis Technical Indicators Support and Resistance shortposition Relative Strength Index (RSI) tecchnicalanalysis technicalindicators
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trendanalysis indicator supportandresistance shortposition relativestrengthindex tecchnicalanalysis technicalindicators
The RSI indicator is above 70 which shows overbought conditions.

We expect that the price will get rejected at the resistance level . Next we expect the price to retest the downsloping trendline as a support.
Entry, stop loss and target are shown in the chart.
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