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Monday, January 24, 2011

Is KFC goreng sedap or goreng burned?

I have been watching the KFC counter so closely like this 2 gentlemen staring at the Fried Chicken and ready to sell any time hehe..

I sold my KFC-CA at 0.145 once KFC broke down below 3.75!

1) Support Line - Broke 3.75 and and close at 3.73. Next support at 3.53 ( long way down)
2) MACD - Bearish
3) RSI - Hitting the 30% super bearish !!
4) ADX - Momentum at 8 indicating sideways with bearish signal

Hold your horse into thinking of jumping to buy cheap KFC. It may go down further toward 3.53

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