Technical Analysis July 2012: SUPERMX (7106)
SUPERMAX CORPORATION BERHAD
Observation From Chart:-
SUPERMAX retest MA20 support level.
Will it rebound?
Other indicator:-
MACD at positive region, uptrend sign.
Stochastic %K still on SELL call itinerary.
If rebound, immediate resistance would be RM2.13 level.
If break down MA20, immediate support @ RM1.93 level.
Subsequent support @ MA50 level.
Do follow up: Mystery disease in Cambodia kills 61 children
http://www.boston.com/news/world/asia/2012/07/04/mystery-disease-cambodia-kills-children/9JFOwwQxvX0k5brVKxUxzH/story.html
Let's watch closely.
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