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!!!
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