Sunday, June 24, 2012

Technical Analysis June 2012: BIMB (5258)


BIMB HOLDINGS BERHAD

Observation From Chart:-

BIMB retrace down from RM3.34 high.
What's the immediate support?

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

Immediate support is MA20 level, which is RM2.80 level.
Subsequent support is MA50 level, which is RM2.60 level.

If rebound, may retest RM3.34 resistance again.

Let watch closely for entry opportunity.

0 comments:

Post a Comment