WILLOWGLEN MSC BHD
Observation from Chart:
WILLOW (0008) retrace down from RM0.78 level.
Will it rebound from RM0.685 MA50 support level ?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on SELL call itinerary.
Immediate resistance @ MA20 level, which is RM0.715.
Subsequent resistance @ RM0.73 level.
Immediate support @ MA50 level, which is RM0.685
Subsequent support @ RM0.645 level.
Do watch out upcoming Q4 result which will announce around end of February
Based on pass history, WILLOW do declared handsome dividend, how about this round?
Let's watch closely.
Sunday, January 26, 2014
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