ASIA MEDIA GROUP BERHAD
Observation from Chart:-
AMEDIA break down MA20, MA50, MA100 support level
Oct 3, 2012 break MA20 support level.
Oct 4, 2012 break MA50 support level.
Oct 9, 2012 break MA100 support level.
How about MA200 support level?
Will it be the support & technical rebound?
Other indicator:-
MACD moving toward negative region, downtrend sign.
Stochastic %K already @ oversold stage & NO BUY call yet.
Immediate resistance @ MA100 level.
Subsequent resistance @ MA50 level.
Immediate support @ MA200 level.
Let's watch closely.
Tuesday, October 9, 2012
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