Sunday, October 2, 2011

Technical Analysis Oct 2011: SUPERMX (7106)


SUPERMAX CORPORATION BERHAD

Observation From Chart:-

SUPERMAX rebound from RM2.32 low.

How high will it rebound?

Other indicator:-
MACD still at negative region, downtrend sign.
Stochastic %K still on BUY call.

Immediate resistant would be RM2.70 level.

If retrace down, it might retest RM2.32 again.

Let watch closely.

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

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