Sunday, December 26, 2010

Technical Analysis Dec 2010: SUPPORT (7131)


SUPPORTIVE INTERNATIONAL HOLDINGS BERHAD

Observation from Chart:-

SUPPORT have been retrace down from RM2.55 high to RM1.68 (-33.1%)

As this point of view, it is oversold stage...
Will it rebound OR future retrace down?

We will know the answer on coming quarter result, which will be announce before 2011.

If above expectation, defenitely it will rebound back, may look for RM1.78, RM1.95 resistant level.
If below expectation, it might future retrace down, may look for RM1.56, RM1.46 support 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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