KENCANA PETROLEUM BERHAD
Observation from Chart:-
21 Nov 2011,KENCANA (5122) is retest MA20 support level again.
Will it rebound or break down the support?
Other indicator:-
1. MACD breaish touching, pending crossover.
2. Stochastic %K been trigger SELL call.
If break down MA20 support level, subsequent support would be MA50 level.
If rebound, MA100 is immediate resistance level.
Let watch closely.
Observation from Chart:-
21 Nov 2011,KENCANA (5122) is retest MA20 support level again.
Will it rebound or break down the support?
Other indicator:-
1. MACD breaish touching, pending crossover.
2. Stochastic %K been trigger SELL call.
If break down MA20 support level, subsequent support would be MA50 level.
If rebound, MA100 is immediate resistance level.
Let watch closely.
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