Sunday, April 14, 2013

Technical Analysis Apr 2013: DIGI (6947)

DIGI.COM BHD

Observation from Chart:-

DIGI consolidate side way & retest RM4.72 resistance level.

Will it break through?

Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K still on BUY call position.

If retrace down, MA50 would be immediate support.
Subsequent support @ MA20 level.

Immediate resistance @ RM4.72 level.
Subsequent resistance @ MA200 / MA100 level.

Let's watch closely.

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