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...
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