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Supermx have a very good support at 20D MA at 2.22

Edwin Toh
Publish date: Wed, 21 Aug 2013, 04:43 AM
Edwin Toh
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Disclaimer
All observation, buy call and sell call based on my own personal view are just for informational purpose and for my personal references to remind my self what i have analyze before and now for self improvement. Buy at your own risk and do not follow my view as i am only a novice analyzer with 60% success only..
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With the massive decline from KLSE with only up to 50+ counter which are green and most are red and SUPERMX dip down and touch at 2.22 and rebound a bit back to 2.28. Is 2.22 consider a support line,  it is because it is the 20D moving average line.

 
 
 
MACD - Negative and waiting for a 4R1G Signal to go in
RSI - Negative
Sto - Negative
Ichimoku - Positive
 
 
Let wait for a MACD 4R1G signal and bullish attack signal for another higher high round.
 
Resistance at 2.38 / 2.43 / 2.47
Support at 2.25 /2.22( 20dMa) / 2.2
 
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Discussions
Be the first to like this. Showing 2 of 2 comments

j harcharanjit a/l jalaur singh dhillon

US dollar gets strong,,will push this counter upwards

2013-08-21 08:05

Edwin Toh

let hope it will rebound higher

2013-08-21 21:54

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