MALAYSIA BUILDING SOCIETY BERHAD
Observation from Chart:
Since 13 Dec 2011, MBSB break through MA20 resistance, the uprend non stop.
Everytime retrace down & retest MA20 support level, automatic rebound.
How about this round? Will it rebound?
Other indicator:-
MACD at positive region, uptrend sign.
Stochastic %K still on SELL call.
If break down MA20 support, subsequent support would be RM2 psychology level.
If rebound, immediate resistance at RM2.36 level.
Let watch closely...
Observation from Chart:
Since 13 Dec 2011, MBSB break through MA20 resistance, the uprend non stop.
Everytime retrace down & retest MA20 support level, automatic rebound.
How about this round? Will it rebound?
Other indicator:-
MACD at positive region, uptrend sign.
Stochastic %K still on SELL call.
If break down MA20 support, subsequent support would be RM2 psychology level.
If rebound, immediate resistance at RM2.36 level.
Let watch closely...
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