Tuesday, November 20, 2012

Technical Analysis Nov 2012: GASMSIA (5209)

GAS MALAYSIA BERHAD

Observation From Chart:-

GASMSIA (5209) retest RM2.66 support level?

Will it rebound?

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

Immediate support @ RM2.66 level.
Subsequent support @ MA20 / MA50.

Immediate resistance @ RM2.70 level.
Subsequent resistance @ RM2.75 level.

Let's watch closely.

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