Tuesday, April 5, 2011

Technical Analysis Apr 2011: QL (7084)



QL RESOURCES BERHAD

Observation from Chart:-

On 5 April 2011, QL is retest RM3.10 resistant level.

RM3.10 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 & will retest next level resistant, which is RM3.29 level.

However, if retrace down, it might retest RM3.00 & RM2.95 (MA100) 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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