Technical Analysis Mar 2012: GAB (3255)
GUINNESS ANCHOR BERHAD
Observation from Chart:
GAB retrace down from RM13.80 high.
Will it retest MA20 level?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K still on SELL call position.
High potential, it might retrace down to MA20 level.
RM12.90 is strong support level.
Subsequent support MA50 level.
Let watch closely for rebound opportunity.
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