Tuesday, October 7, 2014

Technical Analysis Oct 2014: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD

Observation From Chart:-

SUPERMX succeed breakout bolinger band squeeze...

How high will it go?

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

Immediate resistance @ RM2.42 level.
Subsequent resistance @ RM2.48 level, which is MA200.

Immediate support @ RM2.27 level.
Subsequent support @ MA20/ MA50 level.

Enterovirus & EBOLA theme might boost up glove sector bull run. Source: http://news.yahoo.com/four-old-us-child-dies-enterovirus-d68-213411596.html

http://www.nydailynews.com/life-style/health/american-ebola-patient-lands-nebraska-treatment-dallas-patient-fights-life-article-1.1964650

Let's watch closely ...

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