Technical Analysis June 2013: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD

Observation From Chart:-

SUPERMAX succeed break through descending triangle.

How high will it go?

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

Immediate resistance @ RM2.10 level.
Subsequent resistance @ RM2.20 level.

Immediate support @ MA20 / MA50 level.
Subsequent support @ MA100 level.

Let's watch closely