TELEKOM MALAYSIA BERHAD
Observation From Chart:-
5 Sept 2011, TM is forming a shooting star.
Most probably it will retrace down, retest support level.
Other indicator:-
MACD at positive region, uptrend sign.
RSI already reach overbought stage.
Stochastic %K do trigger sell call but pending confirmation.
RM4.10 is strong support level which is also MA20 / bolinger middle band support level.
Subsequent support MA50 & MA100 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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