MYEG (0138) : Technical Analysis Jan 2015: MYEG (0138)
Observation from Chart:-
MYEG keep retest RM4.38 resistance level.
Will it breakout & go higher?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on SELL call itinerary.
Immediate support @ MA20, which is around RM4.20 level.
Subsequent support @ MA50, which is around RM4.11 level.
Immediate resistance would be RM4.38 level.
Do watch out, MYEG Bonus Issue which will be ex-date on 8 Jan 2015.
Let's watch closely
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