Silverlake (technical)

Silverlake Axis Technicals: Maybank-KE has a short term buy (2-days to a month), highlighting an bility to surpass $1.22 would mean further upside for the stock. Support areas indicated are quite firm, while some selling at the resistance ($1.22) may cap its initial rise. All indicators are firm, with the positive weekly CCI, DMI, MACD, Stochastic and Oscillator depicting further strong buying pressure. 18 and 40 simple moving averages (SMA) also depict a very strong triple timeframe uptrend for the daily, weekly and monthly charts Maybank-KE suggest buying this stock on all dips.