Technical Analysis Sept 2011: GAB (3255)
GUINNESS ANCHOR BERHAD
Observation from Chart:
GAB keep consolidate & retest MA200 support level.
If able rebound, immediate resistant would be MA50 / MA100, which is around RM10.30 level.
Other indicator:-
MACD have been bullish crossing BUT still at negative region.
Stochastic %K still on buy call position BUT weak buying power.
However, if break down MA200 support, immediate support level is around RM9.85 level.
Let watch closely for rebound opportunity.
Disclaimer:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
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