Thursday, July 14, 2011

Technical Analysis July 2011: WTK (4243)



WTK HOLDINGS BERHAD

Observation from Chart:-

WTK (4243) is forming Descending Triangle Pattern.

It current resistant should be top line of the triangle.

Most analysts will take a position once the price breaks through the top line of the triangle with increased volume.

If break down the strong support RM1.78 or MA100 level, it might be high risk.

Let watch closely for entry opportunity


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

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