Thursday, November 22, 2012

Technical Analysis Nov 2012: KULIM (2003)

KULIM (MALAYSIA) BERHAD

Observation From Chart:

KULIM retest MA200 support level.

Will it rebound?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K still on SELL call itinerary.

Immediate resistant MA50 level.
Subsequent resistance MA20 level.

Immediate support MA200 level.
Subsequent support would be RM4.56 level.

At this moement still NO buy call, high probability it will retest RM4.56 level before rebound.

Let's watch closely.

0 comments:

Post a Comment