Monday, September 22, 2014

Technical Analysis Sept 2014: KULIM (2003)

KULIM (MALAYSIA) BERHAD 

Observation From Chart:

KULIM rebound from RM3.27 support level.

Will it breakout RM3.50 resistance level?

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

Immediate resistant RM3.50 level.
Subsequent resistance RM3.56 level.

Immediate support MA20 level.
Subsequent support would be RM3.27 level.

Let's watch closely.

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