Tuesday, July 24, 2012

Technical Analysis July 2012: UEM LAND (5148)


UEM LAND HOLDINGS BERHAD

Observation from Chart:-

UEMLAND break down MA20 support level.

How low will it go?

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

Technically, it will retest RM2.00 psychology support level.
If NO technical rebound, subsequence support RM1.92 level.
If rebound, immediate resistance @ MA50 level.

Let's watch closely.

1 comment:

  1. Thank you for your TA on Hap Seng Plantation..

    ReplyDelete