Technical Analysis Aug 2011: BENALEC (5190)
BENALEC HOLDINGS BERHAD
Observation from Chart:-
After huge retrace down, BENALEC rebound from RM1.28 support level.
If able break through RM1.40 resistant level, this round rebound might retest RM1.45 resistant level.
Other indicator:-
MACD indicator at negative region, downtrend sign.
RSI & Stochastic %K extremely oversold stage, buy call been trigger.
Let watch closely.
Disclaimer:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
0 comments:
Post a Comment