Saturday, February 25, 2012

Technical Analysis Feb 2012: BHIC (8133)


BOUSTEAD HEAVY INDUSTRIES CORPORATION BHD

Observation from Chart:-

BHIC is forming symmetrical triangle.

Will it break up or down?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K NO trigger buy call yet.

If break down, immedaite support @ RM3.52 level.
If break up, it might retest RM3.88 resistance.

Do watch out, Single tier first interim dividend of 6% per ordinary share (Ex-date: 7 March 2012)

Let watch closely.

0 comments:

Post a Comment