Tuesday, May 17, 2011

Technical Analysis May 2011: TWSPLNT (6327)




TRADEWINDS PLANTATION BERHAD

Observation from Chart:

On 15 May 211, TWSPLNT break up RM3.30 resistant level with huge volume.
Current resistant is RM3.46 level.

If break up RM3.46, subsequent resistant would be RM3.62 level.

However, if retrace down, it might retest RM3.30 level.

MACD remain at positive region, in progress of bullish crossover,

Stochastic %K NO trigger any sell call.


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