Sunday, April 1, 2012

Technical Analysis Apr 2012: HAIO (7668)


HAI-O ENTERPRISE BERHAD

Observation From Chart:

HAIO succeed break through MA20 resistance level.

Will it break through MA50 resistance level as well?

Other indicator:-
MACD trade at negative region, downtrend sign.
MACD bullish crossover.
Stochastic %K at BUY call itinerary.

Immediate resistance @ MA50 level.
Subsequent resistance @ RM2.35 level.

Immediate support @ MA20 level.

Let's watch closely.

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