AXIATA GROUP BERHAD
Observation from Chart:-
AXIATA (6888) is retest strong resistance, RM6.00 psychology level.
Will it break through ?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K still on BUY call itinerary.
If able break through, higher high will be formed, uptrend is firmed.
If retrace down, most likely it will retest RM5.80 support level.
Subsequent support @ RM5.60 level.
Let's watch closely.
Sunday, December 9, 2012
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December
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