GAS MALAYSIA BERHAD
Observation From Chart:-
GASMSIA (5209) forming symmetrical triangle pattern?
Will it break through upper triangle resistance?
Other indicator:-
MACD at positive region, uptrend sign.
Stochastic %K on BUY call itinerary.
Immediate support @ MA20 / MA50.
Immediate resistance @ upper triangle line.
Once it break through resistance, another wave of uptrend will continue.
However, if break down the support level, might facing selling pressure.
Let's watch closely.
Tuesday, October 2, 2012
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