Monday, October 24, 2011

Technical Analysis Oct 2011: BJCORP (3395)





BERJAYA CORPORATION BERHAD

Observation from Chart:-

BJCORP consolidate above MA50.

Immediate support is MA50.
Immediate resistant around RM1.03 & RM1.05 level.

MA100 or RM1.08 is strong resistant.

Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K not yet trigger BUY call.

BJCORP performed a lot of shares Buy Back, it might be some good news pending announcement.

Let watch closely for entry opportunity.

Disclaimer:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

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