Tuesday, June 26, 2012

Technical Analysis June 2012: KULIM (2003)


KULIM (MALAYSIA) BERHAD

Observation From Chart:

KULIM retest MA20 support level & rebound.

Will it break through RM4.71 resistance level?

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

Immediate resistant RM4.71 level.
Immediate support MA20 level.
Strong support would be MA50 level.

Let's watch closely.

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