Tuesday, November 19, 2013

Technical Analysis Nov 2013: KKB (9466)

KKB ENGINEERING BHD Observation from Chart

KKB (9466) retest RM2.78 level again?

How about this round, will it manage breakout?

Other indicator:-
1. MACD trade at positive region, uptrend sign.
2. Stochastic %K trigger BUY call, pending confirmation.
 
If retrace down,
Immediate support @ MA20 level
Subsequent support @ MA50 level.
 
If succeed breakout RM2.78 level, another higher high been confirm & bull run will resume.

Let's watch closely.

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