Thursday, January 10, 2013

Technical Analysis Jan 2013: MYEG (0138)

MY E.G. SERVICES BERHAD

Observation from Chart:-

MYEG retest RM0.855 resistance level.

Will it break through & go higher?

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

Immediate resistance would be RM0.855 level.
However, if retrace down, MA20 / MA50 would be immediate support.

Around end of February, MYEG will announce their Q2 result.

Let's watch closely

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