Saturday, November 10, 2012

Technical Analysis Nov 2012: ANNJOO (6556)

ANN JOO RESOURCES BERHAD

Observation from Chart:

ANNJOO retest RM1.43 support level.

Will it rebound?

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

If rebound, high probably it will retest MA100 resistance level.
if break down the support, subsequent support would be MA50 level.

Let's watch closely...

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