Wednesday, September 21, 2011

Technical Analysis Sept 2011: MRCB (1651)



MALAYSIAN RESOURCES CORP BHD

Observation from Chart:

21 Sept 2011, MRCB retest RM1.76 support level & rebound.

How high will it go?

Resistant would be around RM1.97 level or MA20 level.

Other indicator:
MACD at negative region, downtrend itinerary
Stochastic %K been trigger BUY call.

Let watch closely for technical rebound...

Disclaimer:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

0 comments:

Post a Comment