EASTERN & ORIENTAL BERHAD
Observation From Chart:
29 June 2011, E&O is retest RM1.66 resistant.
Will it break through this level? Or retrace down, retest the support?
MACD is bullish crossover.
Stochastics %K NO trigger any sell call.
High potential it will break through the resistant & create higher high.
However, if retrace down, it might retest RM1.50 support which is MA50 support level.
Subsequent support is around RM1.47 level.
Let watch closely for entry opportunity.
Disclaimer:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
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