Sunday, November 7, 2010

Technical Analysis Nov 2010: D&O GREEN TECHNOLOGIES BERHAD (7204)


Observation from Chart:

After Bonus issue, D&O has been retrace down from RM0.505 till RM0.30 (-41%)

On 4 Nov 2010, it already break up bolinger band squeeze.

Will this round create a huge rebound?

Heavy resistant might be around RM0.48 (MA200) & RM0.50 

Let watch closely for the opportunity. 

Remark:

Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!



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