Technical Analysis July 2012: TAANN (5012)
TA ANN HOLDINGS BERHAD
Observation From Chart:-
TAANN seem like forming ascending triangle.
Will it break through RM4.80 resistance level?
Other indicator:-
MACD trade at negative region, downtrend itinerary.
Stochastic %K been trigger BUY call.
Immediate resistance, MA50 level.
Immediate support, MA20 level.
If the bull strong enough, it might break through.
Else, it might retest lower triangle support level.
Let's watch closely.
0 comments:
Post a Comment