AXIATA GROUP BERHAD
Observation from Chart:-
On 9 Nov 2011, AXIATA (6888) is retest strong resistant, RM4.97 level.
Observation from Chart:-
On 9 Nov 2011, AXIATA (6888) is retest strong resistant, RM4.97 level.
Will it break through or retrace down?
Other indicator:-
1. MACD indicator at positive region, uptrend sign.
2. Stochastic %K trigger BUY call.
If break through RM4.97, next resistant would be RM5.06 level.
If retraced down, most probably will retest MA100, which is RM4.82 level.
Subsequent support would be MA50 which is RM4.70 level.
Let watch closely.
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