Sunday, July 17, 2011

Technical Analysis July 2011: NAIM (5073)



NAIM HOLDINGS BERHAD

Observation from Chart:-

NAIM have been retrace from 52WW high RM3.84 to RM2.34 level. ( -RM1.50 or -39%)

Currently, it is keep consolidate & formed a strong base at RM2.34 level.

If there is reversal candlestick been form, it might be an opportunity to entry.

However, if future break through of strong base, next support would be RM2.13 level.

Other indicator:-
MACD at negative region, downtrend sign.
Stochastics %K no trigger for buy call yet.

Let watch closely.



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

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