Sunday, January 4, 2015

Technical Analysis Jan 2015: MYEG (0138)

MY E.G. SERVICES BERHAD 

Observation from Chart:-

MYEG keep retest RM4.38 resistance level.

Will it breakout & go higher?

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

Immediate support @ MA20, which is around RM4.20 level.
Subsequent support @ MA50, which is around RM4.11 level.

Immediate resistance would be RM4.38 level.

Do watch out, MYEG Bonus Issue which will be ex-date on 8 Jan 2015.

Let's watch closely

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