Technical Analysis Apr 2011: KIMLUN (5171)
KIMLUN CORPORATION BERHAD
Observation from Chart:-
On 1 April 2011, KIMLUN is retest RM1.80 resistant level.
RM1.80 is a strong resistant level, it attempt so many times but unable break up.
If able break up this level with huge volume, most analysts will take a position & create historial high.
However, if retrace down, it might retest RM1.67 (MA50) & RM1.51 support level again.
Let watch closely...
Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
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