![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg_EMldNZkuVEzWCXtmRCp1e7pOEj8PY5XVDQ0A-VIYbaI3YSoLJVGq8WLf7PvpsaxPJBvrX6khNdqd8qeuibsy4_e-5YDFklytB8v7C_izLFVnf3xiJxBuOR3JdsFqBzlhAmt9c1hAg8A/s320/2012May-AFG.png)
ALLIANCE FINANCIAL GROUP BHD (2488)
Observation from Chart:
15 May 2012,AFG retest MA100 support level.
Will it rebound?
Other indicator:-
1. MACD moving toward negative region, downtrend sign.
2. Stochastic %K on SELL call itinerary.
High probably it will consolidate @ MA100 support level.
If the market sentiment remain bearish, potentially longer term downward correction.
Let's watch closely.
Observation from Chart:
15 May 2012,AFG retest MA100 support level.
Will it rebound?
Other indicator:-
1. MACD moving toward negative region, downtrend sign.
2. Stochastic %K on SELL call itinerary.
High probably it will consolidate @ MA100 support level.
If the market sentiment remain bearish, potentially longer term downward correction.
Let's watch closely.
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