AXIATA GROUP BERHAD
Observation from Chart:-
On 7 Oct 2011, AXIATA (6888) is retest heavy resistant, RM4.84 level or MA50 level.
Will it break through or retrace down?
Other indicator:-
1. MACD indicator at negative region, downtrend sign.
2. Stochastic %K NO trigger sell call.
If retraced down, most probably will retest MA20 or bolinger middle band support level.
Subsequent support would be RM4.52 level.
7 Oct 2011, Axiata declared Interim Tax Exempt Dividend Under Single Tier System of 4 sen per Ordinary Share of RM1.00 each.
Ex-date: 20/10/2011
Let watch closely.
Disclaimer:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
Observation from Chart:-
On 7 Oct 2011, AXIATA (6888) is retest heavy resistant, RM4.84 level or MA50 level.
Will it break through or retrace down?
Other indicator:-
1. MACD indicator at negative region, downtrend sign.
2. Stochastic %K NO trigger sell call.
If retraced down, most probably will retest MA20 or bolinger middle band support level.
Subsequent support would be RM4.52 level.
7 Oct 2011, Axiata declared Interim Tax Exempt Dividend Under Single Tier System of 4 sen per Ordinary Share of RM1.00 each.
Ex-date: 20/10/2011
Let watch closely.
Disclaimer:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
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