Wednesday, June 4, 2014

Technical Analysis June 2014: TAMBUN (5191)

TAMBUN INDAH LAND BERHAD

Observation from Chart:

TAMBUN (5191) forming bolinger band squeeze.

Will it breakout & go higher?

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

Immediate support @ MA20 / MA50 support level.
Subsequent support @ RM1.90 level.

Immediate resistance @ RM2.07 level.
If able breakout, higher high been confirm, uptrend will resume..

Let's watch closely...

0 comments:

Post a Comment