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Bornoil Testing the 20D MA Support

Edwin Toh
Publish date: Wed, 21 Aug 2013, 04:53 AM
Edwin Toh
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Talk about everything all under one roof which help us profit big money!! This blog have Technical Analyze Chart on Selected Stock and Forum for Daily Buy and Sell Call.


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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On Tuesday it went down after a shooting star appeared on 19 August along with the 20 August KLSE downpour..It is testing the support on the 20D Ma at 0.475.
 



MACD - 4G1R ( Bearish)
RSI - Bearish
STO - Bearish
Ichimoku - Bullish

Let check whether it can formed a higher low and break the resistance of 0.49 and 0.51. With these information we can know whether it has the strength to test the 0.585 resistance.

 

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