Sunday, May 1, 2011

Technical Analysis May 2011: GPACKET (0082)



GREEN PACKET BERHAD

Observation from Chart:-

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

If rebound + break up MA50 resistant level, most probably will retest RM0.68 level.
If the rebound strong, might retest next level of resistant which is MA100, RM0.71 level.

29 April 2011, GPACKET formed doji candlestick pattern at bolinger middle band.
Added, MACD indicator & Stochastic %K NO trigger sell call.

Let watch closely for opportunity.

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

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