Saturday, March 3, 2012

Technical Analysis Mar 2012: DAIMAN (5355)


DAIMAN DEVELOPMENT BHD

Observation from Chart:-

DAIMAN rebound from MA50 support level.

Will it break through RM1.95 resistance?

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

If able break through, it might retest RM2.00 psychology level.
If retrace down, may look for MA20 support level.

Let watch closely...

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