Thursday, September 11, 2014

Technical Analysis Sept 2014: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD 

Observation From Chart:-

SUPERMX rebound from MA20/ MA50 support level. 

Will it breakout MA100 resistance level?

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

Immediate resistance @ MA100 level.
Subsequent resistance @ RM2.42 level.

Immediate support @ MA20/MA50 level.
Subsequent support @ RM2.17 level.

Enterovirus & EBOLA theme might boost up glove sector bull run.

Source:
http://www.cnn.com/2014/09/09/health/enterovirus-clusters/ http://www.washingtonpost.com/news/to-your-health/wp/2014/09/10/this-is-how-people-are-being-warned-about-the-ebola-epidemic-in-west-africa/

 Let's watch closely ...

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