Sunday, July 24, 2011

Technical Analysis July 2011: KPJ (5878)


KPJ HEALTHCARE BERHAD

Observation from Chart:-

19 July 2011, KPJ formed doji candlestick pattern. (reversal pattern)
Next day, buying volume is above average.

KPJ should be retest RM4.68 level soon.
Will it break through this strong resistant?

Other indicator:
MACD at positive region, uptrend sign BUT pending bullish crossover.
Stochastic %K indicator NO trigger sell call yet.

Let watch closely for entry opportunity...


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

2 comments:

  1. is it possible to do a TA on her warranr

    many thanks

    ReplyDelete
  2. Pacific, in order WA going up, the mother share must going up. So, you may refer TA on mother share.

    Have a nice day...

    ReplyDelete