Wednesday, April 20, 2011

Technical Analysis Apr 2011: GPACKET (0082)



GREEN PACKET BERHAD

Observation from Chart:-

GPACKET (0082) currently trade at strong support level RM0.61

If rebound, most probably will retest RM0.66 level which is MA50 level.
If the rebound strong, might retest next level of resistant which is MA100, RM0.72 level.

14 & 15 April 2011, GPACKET formed two doji candlestick pattern.
Subsequently, MACD indicator & Stochastic %K are trigger buy call.

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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