MUDAJAYA GROUP BERHAD
Observation from Chart:-
MUDAJAYA break down the bolinger band squeeze & retrace down RM0.85 or -26%.
Currently, it formed a support at RM2.40 level.
Due to oversold, technical rebound will be in place soon.
Other indicator:-
Reversal candlestick been formed.
MACD at negative region, downtrend stock.
RSI & Stochastic %K at oversold stage.
Let watch closely for technical rebound.
Disclaimer:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
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