Thursday, February 2, 2012

Technical Analysis Feb 2012: SUNWAY (5211)



SUNWAY HOLDING BERHAD

Observation from chart:-

SUNWAY is consolidate between RM2.44 & RM2.55 level, forming bolinger band squeeze.

2 Feb 2012, succeed break through the bolinger band.
How high will it go?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K still on BUY call.

Immediate resistant would be RM2.75 level.
Immediate support would be RM2.55 level.

Let watch closely.

0 comments:

Post a Comment