![](http://4.bp.blogspot.com/_LjKhIwRIIpQ/TPTfLmnPj2I/AAAAAAAAAis/PmORsYKFMOI/s320/2010Nov-ZELAN.png)
Zelan Berhad
Observation from Chart:
Retrace down from RM0.74 till RM0.505 (-RM0.235 or -31.8%)
Historical, Zelan will form a bullish reversal around RM0.50 level but today, 30 Nov 2010 still no reversal candlestick been formed.
If future break down, next support level will be around RM0.48 & RM0.455.
Let watch closely for entry opportunity.Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
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