Saturday, May 16, 2015

Technical Analysis May 2015: BIMB (5258)



BIMB HOLDINGS BERHAD 

Observation From Chart:-

BIMB succeed break through symmetrical triangle ?

What's the next support?

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

Immediate support is RM3.82 level,
Subsequent support is RM3.74 level.

Immediate resistance, RM3.95 level.
Subsequent resistance, RM4.00 level.

Let's watch closely.

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