Sunday, February 14, 2016

Technical Analysis Feb 2016: MYEG (0138)


Observation From Chart:-

MYEG retrace down from RM2.33 peak to MA20 support level.

Will it rebound @ MA20 support level?

Other indicator:-
MACD trade @ positive region, uptrend sign.
Stochastic %K still pending BUY call.

Immediate support @ RM2.21 level which is MA20 support level..
Subsequent support @ RM2.06 which is MA50 support level.

Immediate resistance @ RM2.33 level.

Let's watch closely for rebound

1 comment:

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