Wednesday, February 13, 2013

Technical Analysis Feb 2013: BIMB (5258)

BIMB HOLDINGS BERHAD

Observation From Chart:-

BIMB succeed break through symmetrical triangle ?

What's the next support?

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

Immediate support is MA20 / MA100 level, which is RM3.00 level.
Subsequent support is MA50 level, which is RM2.94 level.

Immediate resistance, RM3.10 level.
Subsequent resistance, RM3.24 level.

Let watch closely for entry opportunity.

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