Technical Analysis Sept 2011: MSM (5202)
MSM MALAYSIA HOLDINGS BERHAD
Observation From Chart:-
20 Sept 2011, MSM (5202) break down bolinger band squeeze & retest RM4.93 support level.
Subsequent support at RM4.45 level.
Other indicator:-
MACD at negative region, downtrend itinerary.
No reversal candlestick been formed.
RSI & Stochastic %K at oversold stage, NO trigger BUY call yet.
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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