Monday, May 19, 2014

Technical Analysis May 2014: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD 

Observation From Chart:-

SUPERMX rebound from RM2.27 support level.

How high will it go rebound?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K at BUY call itinerary.

Immediate resistance @ MA20 level.
Subsequent resistance @ MA50 level.

Immediate support @ RM2.27 level.
Subsequent support @ RM2.20 level.

Let watch closely ...

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