MUDAJAYA GROUP BERHAD
Observation from Chart:-
MUDAJAYA trade above MA20 support level.
26 Jan 2012, it do retest RM2.44 support & rebound.
How high will it go?
Other indicator:-
MACD trade at positive region, uptrend stock.
RSI & Stochastic %K moving toward oversold stage.
If retrace down RM2.44 is immediate support level.
Subsequent support @ MA20 level.
If go higher, strong resistance @ RM2.79 level, which is MA200 level.
Let watch closely.
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