Sunday, April 3, 2011

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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