FBMSCAP Chart Analysis on 21 September 2012 for Stock Investors
Indicators
1 ) Trendline - below the Uptrendline and almost breaking it (
Bearish). If break 11906 on Monday 24 Sept it will be uptrend
2) Support/Resistance - formed Lower Low (
Bearish)
3) MACD - Many Green Histogram and the Blue signal is meeting the red signal.
If Bullish Crossover next week - Continuation of bullish signal
If the Red Histogram appear after many green - Bearish Reversal will be formed.
4) RSI - Broke above 50% (
Bullish)