Tuesday, February 18, 2014

Technical Analysis Feb 2014: HAIO (7668)

HAI-O ENTERPRISE BERHAD

Observation From Chart:

HAIO retrace down to RM2.35 support level?

Will it rebound?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K oversold stage, pending buy call.

Immediate resistance @ RM2.46 level.
Subsequent resistance @ RM2.50 level.

Immediate support @ RM2.35 level.
Subsequent support @ RM2.30 level.

Let's watch closely for technical rebound
.

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