Technical Analysis Jan 2015: MAYBANK (1155)
Observation from Chart:-
MAYBANK retest strong divergence resistance.
How about this round? Will it succeed breakout?
Other indicator:-
MACD at negative region, it is downtrend itinerary.
Stochastic %K on BUY call itinerary.
Immediate support @ RM8.50 support level.
Subsequent support @ RM8.38 level.
Immediate resistance @ MA50, which is around RM9.00 level.
Subsequent resistance @ RM9.25 level.
Let's watch closely......
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