Technical Analysis Dec 2010: MYEG (0138)

MY E.G. SERVICES BERHAD

Observation from Chart:-

On 10 Dec 2010, MYEG retest resistant RM0.83 with high buying power...

Since June 2010 till Dec 2010, MYEG has been attempt a few time at this level BUT unable break up...

So, RM0.83 can be difined as strong resistant.

Will this round success break up RM0.83 level ?

Or retrace down to support level & rebound back?


If retrace down, may look for next two support level, RM0.785 & RM0.725

Let watch closely for entry opportunity...


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