Monday, February 20, 2012

Technical Analysis Feb 2012: WIJAYA (4022)


WIJAYA BARU GLOBAL BERHAD

Observation from Chart:-

20 Feb 2012, WIJAYA succeed break through bolinger band squeeze.

How high will it go?

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

As long as NO reversal candlestick, it might drive through the trend, go higher high.
If retrace down, RM0.84 is immediate support.

Let watch closely.

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