Wednesday, June 22, 2011

Stock Watch

Muhibah : Closed lower at 1.35 now. Technically, very bearish and might go lower. RSI at 32 level ... so, way down to go. Any slightest positive news will see it jumps.

KEuro : Closed at 1.03, still breathing above RM1. It touched 0.95 tho I drew the point of entry at 0.94. Observed the HIGH volumes today. Extreme oversold(RSI 15) with MACD below zero level. Bearish and very risky trade at the moment. So, wait for reversal signals but with tight stop-loss placed.


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