UOA DEVELOPMENT BHD
Observation from chart:-
UOADEV keep retest MA20 support level.
Will it rebound or break down the support?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K pending trigger BUY call.
Immediate resistance, RM1.60 level.
Subsequent resistance, RM1.72 level.
Strong support is MA20 & MA50 level.
If reversal candlestick been formed, potential retest RM1.60 level.
Else, it might keep consolidate.
Let's watch closely.
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