Technical Analysis June 2012: KPJ (5878)

KPJ HEALTHCARE BERHAD

Observation from Chart:-

KPJ seem like already break through ascending triangle resistance level?

How high will it go?

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

Once higher high is formed, uptrend is confirmed.

Immediate support @ MA20 level.

Let's watch closely...