Sunday, August 12, 2012

Technical Analysis Aug 2012: TAMBUN (5191)


TAMBUN INDAH LAND BERHAD

Observation from Chart:

TAMBUN (5191) retrace down from RM0.64 peak.

How low will it go?

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

Immediate support @ MA20 which is around RM0.615 level.
Immediate resistance @ RM0.64 level.

Let's watch closely...

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