Monday, November 29, 2010

KULIM is eyeing for a rebound?


Highlights
• 5-day moving average (pink) looks set to cross above 7-day moving average (blue)
• Share price rebounded on previous gap level
• RSI neutral
• Daily fast MACD seems to be on the rebound
• The gap between DMI started to widen again

Shout out
I think that the trading volume may make a comeback to boost the share price towards the resistance at RM14.00. Support can be found at RM11.76.

Disclaimer: The company analysis that appear in this blog is merely facts gathered from different sources and the author's personal view. It is not a buy or sell recommendation. The author do not guarantee the accuracy of the facts being presented. Please consult your investment advisors before acting on any information provided by the analysis above.

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