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Thursday, May 17, 2007

AMMB

Still trying to break the record high of 4.22. Strong buying by some big fund during the day but it disappeared suddenly towards the close. The weekly MACD bearish divergence may have been broken but this can only be confirmed if the price closes above 4.22.

I took another position in AMMB-CA hoping that the selling force at 4.22 will dissipate by the end of this week.

2 comments:

Anonymous said...

Hello,
I am new to BSKL, Previous experience was in the US trading NYSE stocks. FOr MAlaysia stocks, what is the best charting software available?
thank
bull

swifz said...

I'm using Metastock. Not sure about the rest. Can't compare since I only knew one.