Saturday, March 19, 2011

Technical Analysis Mar 2011: MPHB (3859)



MULTI-PURPOSE HOLDINGS BERHAD

Observation from Chart:-

MPHB retrace down from RM2.75 & found the support at RM2.42

If this round rebound is strong enough, it might retest RM2.75 level.
MACD histrogram been turned green color. Pending bullish crossover.

However, if retrace down, next support level should be around RM2.23 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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