Friday, December 24, 2010

Technical Analysis Dec 2010: KENCANA PETROLEUM BERHAD (5122)


KENCANA PETROLEUM BERHAD

Observation from Chart:-

Kencana has been retrace down from RM2.47 high.

As 24 Dec 2010 closing, no reserval candlestick been formed.

If future retrace down, next support would be RM2.23 & RM2.13 level.

Let watch closely for entry opportunity...



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

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