TELEKOM MALAYSIA BERHAD
Observation From Chart:-
24 August 2011, TM have been break through RM4.10 resistant level with huge volume.
How high will it go?
Other indicator:-
MACD at positive region, uptrend sign.
Stochastic %K do not trigger sell call.
If retrace down, most probably retest RM4.00 support level which is psychology support level.
Subsequent support MA50 & MA100 support level.
TM just declared interim Single Tier Dividend of 9.8 sen per share. (Ex-date: 08/09/2011)
More or less will boost up the share price.
Let watch closely.
Disclaimer:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
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