KULIM (MALAYSIA) BERHAD
Observation From Chart:
After consolidate & forming bolinger band squeeze, 27 July 2011, KULIM is break through RM3.70 resistant with huge volume.
Subsequent resistant would be RM3.98 or RM4 physiology level.
Other indicator:-
MACD bullish crossover, moving toward positive region.
Stochastic %K no trigger sell call yet.
However, if retrace down, it might retest MA50 support level.
Let watch closely.
Disclaimer:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
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