![](http://3.bp.blogspot.com/-wAdCDGHQ64o/TrKTogikZYI/AAAAAAAABOs/MbXBK52y_hQ/s320/2011Nov-E%2526O.png)
EASTERN & ORIENTAL BERHAD
Observation From Chart:
E&O is retest MA200 support level.
Will it rebound? Or break through this support?
Other indicator:-
1. MACD bearish touching, pending crossover.
2. MACD trade at negative region, downtrend sign.
3. Stochastic %K still on SELL call.
If break down MA200 support, next support would be RM1.34 level.
However, if rebound, RM1.50 is current resistant level.
Let watch closely.
Disclaimer:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
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