Technical Analysis June 2011: SPSETIA (8664)

S P SETIA BERHAD

Observation from Chart:-

SPSETIA found a strong support at MA100 level.

Seem like SPSETIA been break up bolinger band squeeze, will retest RM4.57 resistant level soon.

However, Stochastic %K NO trigger any sell call.
Added, 1 June 2011 MACD bullish crossoover been formed.

Let watch closely for entry opportunity.

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