Saturday, January 21, 2012

Technical Analysis Jan 2012: KSL (5038)


KSL HOLDINGS BERHAD

Observation from chart:-

KSL keep consolidate within RM1.36 to RM1.45 level & forming bolinger band squeeze.

When will it break through?

Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K already trigger BUY call.

High probably will retest RM1.45
If bull strong enough, this is the time for it break through the resistance.

Immediate resistance would be RM1.45 level.
Immediate support would be RM1.36 level.

Let watch closely.

0 comments:

Post a Comment