DIGI.COM BERHAD
Observation from chart:-
DIGI rebound from RM4.50 level & consolidate @ RM4.80 level.
Today, Dec 13, 2012 retest MA50 resistance level & formed doji candlestick.
Will it break through? Or retrace down?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K reach overbought stage.
High probably it might retrace down for consolidate.
Immediate support @ MA100 / MA20 level.
Subsequent support @ RM4.50 level.
Once it break through MA50 resistance, it might retest RM5.38 level.
Let's watch closely.
Thursday, December 13, 2012
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