Thursday, May 1, 2014

Technical Analysis May 2014: IHH (5225)

IHH HEALTHCARE BERHAD (5225) 

Observation from Chart:-

IHH (5225) forming higher high & higher low.

How high will it go?

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

Immediate support @ MA200 level.
Subsequent support @ MA20 / MA50 level.

Immediate resistance @ RM4.10 level.
Subsequent resistance @ RM4.20 level.

Let's watch closely.

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