Tuesday, March 8, 2011

Technical Analysis Mar 2011: AFFIN (5185)




AFFIN HOLDINGS BERHAD

Observation from Chart:-

AFFIN been retrace down from RM3.63 high to RM3.16 (loss RM0.47 or -12.90%)
On 3 March, it formed reversal candlestick.

Current resistant RM3.38 which is MA20 & MA50 days.
If able break up this level, next resistant would be RM3.63

However, if retrace down, it might retest RM3.16 support level.

Let watch closely...

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

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