Thursday, May 19, 2011

Technical Analysis May 2011: TAANN (5012)





TA ANN HOLDINGS BERHAD

Observation From Chart:-


TAANN seem like forming symmetrical triangle.

If able break up the triangle, it will create higher high, uptrend will be continue.

Most analysts will take a position once the price breaks through the top line of the triangle with increased volume.

Stochastic %K been trigger buy call on 19 May 2011.
MACD trade above positive region & going bullish crossover soon.

What do you think?
Will it breaks through the top line?
Let watch closely.

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

0 comments:

Post a Comment