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

Written By Edwin Toh on Wednesday, 21 August 2013 | 4:42:00 am

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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1 comment:

  1. w8 for the q.report. its the ultimate decider



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