PARKSON HOLDINGS BERHAD
Observation from Chart:-
Since Oct 2011, PARKSON keep consolidate within RM5.40 & RM5.70 level.
On 14 Jan 2012, PARKSON retest RM5.70 strong resistance.
Will it break through the resistance?
Other indicator:-
MACD at positive region, uptrend sign.
Stochastic %K been trigger BUY call.
High probably will break through RM5.70 resistance & go higher.
Next resistance would be RM5.95 level.
If retrace down, immediate support RM5.40 level.
Let watch closely.
Observation from Chart:-
Since Oct 2011, PARKSON keep consolidate within RM5.40 & RM5.70 level.
On 14 Jan 2012, PARKSON retest RM5.70 strong resistance.
Will it break through the resistance?
Other indicator:-
MACD at positive region, uptrend sign.
Stochastic %K been trigger BUY call.
High probably will break through RM5.70 resistance & go higher.
Next resistance would be RM5.95 level.
If retrace down, immediate support RM5.40 level.
Let watch closely.
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