Friday, June 15, 2012

Technical Analysis June 2012: KIMLUN (5171)



KIMLUN CORPORATION BERHAD

Observation from Chart:-

KIMLUN retest RM1.53 resistant level.

Will it break through? Or retrace down?

Other indicator:-
MACD still trade at negative region, downtrend sign.
Stochastic %K No trigger BUY call.

High potential will consolidate side way or retrace down.

If retrace down, MA20 would be immediate support level.
Subsequent support @ RM1.43 level.

Let watch closely...

0 comments:

Post a Comment