Monday, October 7, 2013

MAHSING - Personal technical analysis 7/10/13

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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