DIJAYA CORPORATION BHD
Observation from chart:-
DIJAYA is consolidate between RM1.00 & RM1.08 level.
Will it break through RM1.08 level?
Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K still on BUY call itinerary.
If there is positive news flow, it might break through RM1.08 & formed higher high.
If no, it might keep consolidate within the range.
Immediate resistance @ RM1.08
Subsequent resistance @ RM1.10 (MA200 level)
Immediate support @ MA50 & MA100
Strong support @ RM1.10
Let's watch closely.
Sunday, November 4, 2012
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