Wednesday, November 27, 2013

Technical Analysis Nov 2013: KULIM (2003)

KULIM (MALAYSIA) BERHAD

Observation From Chart:

KULIM break down the uptrend support level?

What's next support?

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

Immediate resistant RM3.87 level.
Subsequent resistance RM4.00 level.

Immediate support RM3.65 level.
Subsequent support would be RM3.52 level.

At this moment still NO buy call, it might be consolidate @ RM3.65 support.
As long as higher low is confirm, uptrend will be resume.

Let's watch closely.

0 comments:

Post a Comment