Friday, July 15, 2011

Technical Analysis July 2011: UEM LAND (5148)




UEM LAND HOLDINGS BERHAD


Observation from Chart:-

On July 15, 2011 UEMLAND retest RM2.66 support level.

Will it rebound or further retrace down?

MACD already turned into negative region, downtrend sign.
Stochastic %K no trigger buy call.

High probably will retrace down retest MA200 support level, which is around RM2.63 level.

Let watch closely for reversal candlestick.



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



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