Technical Analysis Aug 2012: SUNWAY (5211)
SUNWAY HOLDING BERHAD
Observation from chart:-
SUNWAY already break down bolinger band squeeze & facing high selling pressure..
How low will it go?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K still on SELL call.
Immediate resistant would be MA20 / MA50 level.
Immediate support would be RM2.14 level.
Let's watch closely.
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