Saturday, March 15, 2014

Technical Analysis Mar 2014: MUDA (3883)

MUDA HOLDINGS BHD (3883) 

Observation from Chart:

MUDA retest MA20 support level?

Will it rebound @ this strong support?

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

Immediate resistance @ RM1.85 level.

Immediate support @ MA20 level, which is around RM1.69 level.
Subsequent support @ RM1.49 level.

Let's watch closely.

0 comments:

Post a Comment