SUPERMAX CORPORATION BERHAD
Observation From Chart:-
SUPERMX retest RM2.18 resistance level again.
How about this round, will it breakout?
Other indicator:-
MACD trade @ positive region, uptrend sign.
Stochastic %K on BUY call itinerary.
Immediate resistance @ RM2.18 level.
Subsequent resistance @ RM2.28 level.
Immediate support @ MA20 which is around RM2.08 level.
Subsequent support @ MA50 /MA100, which is around RM2.05 level.
USD appreciation might boost the earning of glove sector as we can see the glove sector peer such as TOPGLOV, KOSSAN & HARTA been kick off their bull run.
Let's watch closely ...
Monday, July 27, 2015
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