CARLSBERG BREWERY MALAYSIA BERHAD
Observation from Chart:-
29 August 2011, CARLSBG retest MA200 support level & formed bullish engulfing.
MA200 is immediate support & RM7.15 is current resistant level.
Other indicator:-
Bullish engulfing candlestick been formed.
MACD bullish touching pending crossover. BUT, MACD still negative region, downtrend itinerary.
Stochastic %K trigger buy call BUT pending confirmation.
Let watch closely for technical rebound.
Disclaimer:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
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