Saturday, August 15, 2015

Technical Analysis Aug 2015: KULIM (2003)

KULIM (MALAYSIA) BERHAD 

Observation From Chart:

KULIM rebound from RM2.45 support level.

Will it retrace down retest support before 2nd wave?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K @ overbought stage.

Immediate resistance @ RM2.70  level.
Subsequent resistance @ RM2.77 level.

Immediate support MA100 level, which is around RM3.59
Subsequent support MA50 / MA20 level which is around RM3.54

Let's watch closely.

0 comments:

Post a Comment