Personal Technical Analysis
7th Oct 2013
Violated and hold above 100SMA for the second day - Bull
Above all 50,100 and 200 SMA - Bull
MACD above both signal and center lines - Bull
Slow STO at overbought area - Bear
RSI level shows slight overbought - Bear
Immediate resistance: RM2.515
Second resistance: RM2.79
Immediate support: RM2.38
Second support: RM2.35
My TP: Not rated (From RM2.50)
Risk: Introduction of RPGT in Budget 2014 on Oct 25th 2013.
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