MUDAJAYA GROUP BERHAD
Observation from Chart:-
MUDAJAYA forming descending triangle.
Will it break through upper line triangle or retrace down retest support?
If able break through upper triangle line with huge volume, thats a good entry opportunity.
However, it might retrace down to retest strong support level which is RM4.47 / RM4.43.
Once the breakdown strong support occurs, most people will enter into short positions.
Other indicator:-
MACD still at negative region, downtrend stock.
Stochastic %K already trigger sell call.
Let watch closely.
Disclaimer:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
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