HAI-O ENTERPRISE BERHAD
Observation From Chart:
HAIO retest RM2.50 support level.
Will it rebound?
Other indicator:-
MACD trade @ negative region, downtrend sign.
Stochastic %K @ oversold stage.
Immediate resistance @ RM2.55 level which is MA200 level.
Subsequent resistance @ RM2.60 level which is MA100 level.
Immediate support @ RM2.50 level.
Subsequent support @ RM2.40 level.
If unable sustain @ RM2.50, high probably it will retest RM2.40 level.
Let's watch closely.
Thursday, October 9, 2014
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