Wednesday, July 11, 2012

Technical Analysis July 2012: KSK (5097)


KURNIA ASIA BHD

Observation from Chart:

KSK succeed break through RM0.665 resistance with huge volume.

How high will it go?

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

Higher high been confirmed, uptrend stock.
If retrace down, RM0.665 would be immediate support level.
Subsequent support @ MA20 level.

Let's watch closely.

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