INSAS BHD (3379)
Observation from Chart:-
INSAS retest MA20 support level & form dogi candlestick.
Will it rebound & retest RM1.33 resistance level?
Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K on BUY call.
Parabolic Stop & Reversal on BUY call.
Immediate resistance @ RM1.33 level.
Once breakout RM1.33, new high record will be formed.
Immediate support @ MA20 / MA50 level
Subsequent support @ RM1.165 level.
Let's watch closely.
Sunday, June 22, 2014
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