Tuesday, April 26, 2011

Technical Analysis Apr 2011: TWS (4421)



TRADEWINDS CORPORATION BERHAD

Observation from Chart:-

Since 17 February 2011, TWS trade between RM7.50 to RM8.25 range & forming bolinger band squeeze.

If able break up RM8.25 level with huge volume, it will be a good entry oppotunity.
However, if retrace down, RM7.50 might be the support level.
Next support would be RM7.15 which is MA100 support.

Let watch closely.

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

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