Technical Analysis Dec 2011: BENALEC (5190)
BENALEC HOLDINGS BERHAD
Observation from Chart:-
After BENALEC break down MA20 support level, it keep going decending.
15 Dec 2011, BENALEC retest MA50 support level.
Will it rebound?
Other indicator:-
No reversal candlestick been formed.
MACD indicator moving toward negative region, downtrend sign.
Stochastic %K extremely oversold stage, pending BUY call triggering.
Let watch closely.
0 comments:
Post a Comment