Saturday, August 4, 2012

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.

0 comments:

Post a Comment