Technical Analysis Sept 2012: SUPERMX (7106)
SUPERMAX CORPORATION BERHAD
Observation From Chart:-
SUPERMAX rebound from MA100 support level & retest MA20 resistance level.
Will it break through & go higher?
Other indicator:-
MACD at negative region, downtrend sign.
Stochastic %K still on BUY call itinerary.
If able break through MA20 level, next resistance would be RM2.23 level.
If break down, immediate support @ MA100 level.
Let's watch closely.
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