Thursday, February 6, 2014

Technical Analysis Feb 2014: MYEG (0138)

MY E.G. SERVICES BERHAD

Observation from Chart:-

MYEG rebound from RM2.65 support level.

Will it retest RM3.00 psychology level?

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

Immediate support @ MA20, which is around RM2.82 level.
Subsequent support @ MA50, which is around RM2.65 level.

Immediate resistance would be RM3.03 level.

Around end of February, MYEG will announce their Q2 result.

Let's watch closely

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