Monday, August 20, 2012

Technical Analysis Aug 2012: KKB (9466)


KKB ENGINEERING BHD

Observation from Chart

KKB (9466) succeed break through MA20 resistance level?

How high will it go?

Other indicator:-
1. MACD trade at negative region, downtrend sign.
2. Stochastic %K on BUY call itinerary.

Now it's retest MA50 resistance level & consolidate side way.
If retrace down, immediate support @ MA20 level.

Let's watch closely.

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