Thursday, June 23, 2011

Technical Analysis June 2011: GLOMAC (5020)



GLOMAC BERHAD

Observation from Chart:-

GLOMAC currently trade at resistant level, RM1.82.

If able break through RM1.82, next resistant would be RM1.94 level.

However, if retrace down MA50 / MA100 is strong support level.

Let watch closely...



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

2 comments:

  1. Hi Quah,

    HIRO has broke the topline of the triangle, is it now the right time to buy some?

    ReplyDelete
  2. It is good opportunity to accumulate some volume since the bull not yet run. I predict it will go higher than current price before the ex-date.

    ReplyDelete