MALAYSIA BUILDING SOCIETY BERHAD
Observation from Chart:
Since 26 July 2011, MBSB already start bullish. (MACD bullish crossover)
Suspected will retest RM1.72 resistant level.
Will it break through the resistant? Or retrace down retest support?
Other indicator:-
MACD moving toward positive region, uptrend sign.
RSI & Stochastic %K already nearby overbought region, pending sell call.
Current support is around MA50 / MA100 support level.
It is a good entry point, if MBSB retrace down to 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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