Monday, November 11, 2013

Technical Analysis Nov 2013: SUPERMX (7106)

 
SUPERMAX CORPORATION BERHAD

Observation From Chart:-

SUPERMX rebound from MA20 support level.

How high will it rebound?

Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K trigger BUY call itinerary, pending confirmation.

Immediate resistance @ RM2.64 level.
Subsequent resistance @ RM2.80 level.

Immediate support @ MA20 level.
Subsequent support @ RM2.45 level.

Let's watch closely

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