Sunday, January 25, 2015

Technical Analysis Jan 2015: MAYBANK (1155)

MALAYAN BANKING BERHAD 

Observation from Chart:-

MAYBANK retest strong divergence resistance.

How about this round? Will it succeed breakout?

Other indicator:-
MACD at negative region, it is downtrend itinerary.
Stochastic %K on BUY call itinerary.

Immediate support @ RM8.50 support level.
Subsequent support @ RM8.38 level.

Immediate resistance @ MA50, which is around RM9.00 level.
Subsequent resistance @ RM9.25 level.

Let's watch closely......

0 comments:

Post a Comment