KFC HOLDINGS (MALAYSIA) BERHAD
Observation from Chart:
After huge retrace down, KFC retest & consolidate at RM3.18 level.
On 12 Oct 2011, successful trigger rebound.
How high will it go?
Other indicator:-
1. MACD still at negative region.
2. No reversal candlestick been formed yet.
3. Stochastic %K still on BUY call.
Immediate resistant will be around RM3.53 level
Subsequent resistant would be RM3.59 level which is MA50 level.
Let watch closely.
Disclaimer:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
0 comments:
Post a Comment