Tuesday, March 22, 2011

Technical Analysis Mar 2011: TIMECOM (5031)



TIME DOTCOM BERHAD

Observation from Chart:-

Today, TIMECOM have been break UP RM0.81 resistant, closed at RM0.83.

It might retest next resistant RM0.89 level soon.

However, if retrace down, there is posibility retest RM0.81 level.

MA100 is strong support level, everytime retrace down to this level, it will rebound without fail.

It is a good entry opportunity, if retrace down to MA100 level.

Let watch closely...


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

0 comments:

Post a Comment