Tuesday, May 1, 2012

Technical Analysis May 2012: WINSUN (0141)

WINSUN TECHNOLOGIES BHD

Observation from Chart:-

WINSUN retest MA50 resistance level.

Will it break through?

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

Immediate resistance @ MA50 level.
If able break through MA50 resistance, next resistance would be RM0.175 level.

Immediate support @ MA20 level.
If break down MA20 support, RM0.11 is next support.

Let watch closely.

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