Sunday, January 23, 2011

Technical Analysis Jan 2011: SEG (9792)



SEG INTERNATIONAL BHD

Observation from Chart:-

SEG is now consolidate at RM2.85 resistant level?

On 21 Jan 2011, volume of dispose is higher than volume average.

Added, indicator of RSI & Stochastic %K shown overbought stage, so consolidation or retrace down to support level is the next bull run opportunity.

If retrace down, it might retest RM2.47 & RM2.38 support level.

If able break up RM2.85 resistant, it will be much more attrative, new high record.

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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