Wednesday, March 30, 2011

Technical Analysis Mar 2011: OLYMPIA (3018)



OLYMPIA INDUSTRIES BERHAD

Observation from Chart:-

As today, 30 March 2011 OLYMPIA is break up bolinger band squeeze.

Current resistant is around RM0.445
Current support level MA20 (bolinger middle band), which is around RM0.355

If able break up RM0.45 with huge volume, it might retest RM0.58 level
However, if break down MA20, next support would be RM0.335 (MA100 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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