Sunday, August 11, 2013

Technical Analysis Aug 2013: KSENG (3476)

KECK SENG (M) BHD

Observation from Chart:-

KSENG succeed breakout Ascending Triangle resistance, RM5.24 level.

What's next target?

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

Immediate support @ RM5.24
Subsequent support @ MA20

It's opportunity to entry while retest support level.
Let's watch closely.

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