MALAYSIAN BULK CARRIERS BERHAD
Observation from Chart:
Maybulk has been retrace down from RM3.00 high to RM2.82 (closing price on 30 Dec 2010)
Meantime, no reversal candlestick been formed.
However, RM2.81 may define as strong support level.
On 25 May 2010, 6 July 2010 & 27 August 2010, 3X also success rebound at this level.
RM2.99 or RM3.00 is the strong resistant, it must have strong GOOD news to break through this level.
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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