Sunday, October 6, 2013

Technical Analysis Oct 2013: CYPARK (5184)

CYPARK RESOURCES BERHAD

Observation from Chart:

CYPARK keep on consolidate side way.

Will it breakout RM2.11 & RM2.19 resistance?

Other indicator:-
1. MACD trade at positive region, uptrend sign.
2. Stochastic %K trigger BUY call, pending confirmation.

Immediate support @ MA20
Subsequent support @ MA50 level.

Immediate resistance @ RM2.11 level.
Subsequent resistance @ RM2.19 level.

Let's watch closely...

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