Saturday, November 5, 2011

Technical Analysis Nov 2011: BJCORP (3395)



BERJAYA CORPORATION BERHAD

Observation from Chart:-

BJCORP is trading side way & forming boliner band squeeze.

RM1.05 is immediate resistant.
RM0.99 is immdieate support.

Will it break through Rm1.05 resistant?


Other indicator:-
MACD trade at 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.

It have posiblity break through RM1.05 resistant.
Do need to watch out strong resistant at MA100 & MA200.

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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