Sunday, August 18, 2013

Technical Analysis Aug 2013: MBSB (1171)

MALAYSIA BUILDING SOCIETY BERHAD
Observation from Chart:

MBSB  keep retest RM3.18 resistance.

How about this round? Will it breakout?

Other indicator:-
MACD at moving toward negative region, pending confirmation.
Stochastic %K trigger BUY call.

If breakout RM3.18 resistance, uptrend will be continue.
Immediate resistance @ MA20 / MA50 level.
Immediate support @ ascending triangle level.

Let watch closely...

0 comments:

Post a Comment