OLDTOWN BERHAD
Observation from Chart:-
OLDTOWN break MA20 support level.
How about MA50 support, is that strong for it rebound?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K pending trigger BUY call.
Immediate resistance @ RM2.20 level.
Subsequent resistance @ RM2.28 level.
Immediate support @ RM2.17 support level.
Subsequent support @ RM2.15 level, which is MA50 support level.
At this moment, MA50 is crucial support.
Let's watch closely.
Monday, July 14, 2014
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