FBMSCAP Chart Analysis on 13 September 2012

Good progress for FBMSCAP and broke the intermediate resistance line at 11735.  Maybe now it is a good chance to punt on those small and volatile stock ..

 Indicators
1 ) Trendline - Broke below the Uptrendline ( Bearish)
2)  Support/Resistance - Formed lower high (Bearish) and  formed Lower Low ( Bearish)
3) MACD - Formed 4R2G ( Bullish)
4) RSI - At oversold and went further downward from 30% (BEARISH)
5) STO - Small Bullish Crossover ( Slightly Bullish) .
6) Ichimoku -  a) Price penetrated in the support cloud (Bearish). Let wait for it go above the support cloud to remain bullish
                       b) Conversion line retrace broke below the base line (Bearish). Waiting for rebound if the Conversion line break above the base line
                       c) Price below the baseline ( Bearish)
7) Candlestick Pattern : White candle after a hammer( Bullish)


Conclusion:
Bullish
Possible of going up temporary forming lower high or rebound bullish

Resistance- 11857 ( Trendline Support on 10 Sept) / 11909/ 12124/12191/11802 /
Support -   11735/ 111628 / 11493 / 11400