MMC CORPORATION BERHAD
Observation From Chart:-
MMCCORP is rebound from MA20 support level.
Will it break through strong resistant, RM2.70 level?
Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K still on BUY call.
It might retest RM2.70 resistance.
If the bull is strong enough, it might break through this level & go higher.
Else, it might retrace down, retest MA50 & MA20 support level.
Let watch closely.
Observation From Chart:-
MMCCORP is rebound from MA20 support level.
Will it break through strong resistant, RM2.70 level?
Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K still on BUY call.
It might retest RM2.70 resistance.
If the bull is strong enough, it might break through this level & go higher.
Else, it might retrace down, retest MA50 & MA20 support level.
Let watch closely.
MMCCORP is also in downtrend channel as well.
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