Technical Analysis July 2012: UMCCA (2593)
UNITED MALACCA BHD
Observation from Chart:-
UMCCA (2593) is trading above MA20 support level.
Will it break through RM7.69 resistance level?
Other indicator:-
1. MACD trade at positive region, uptrend sign.
2. Stochastic %K pending trigger BUY call.
Immediate resistance RM7.69 level.
Immmediate support MA20 level.
In view of insider keep acquired in huge volume,high potential break through RM7.69 resistance level & go higher.
Let's watch closely.
Can you pls do TA on GenM and Maxis.
ReplyDeleteThank you very much..