ZHULIAN CORPORATION BERHAD
Observation from Chart:
ZHULIAN keep retest MA20 support level.
Will it rebound or break down this support?
Other indicator:-
1. MACD at positive region, uptrend sign.
3. Stochastic %K still on SELL call position.
If selling pressure is too high, it might break down MA20 support level & retest MA50 level.
Or it will keep consolidate at MA20 support level.
However, if rebound, RM1.96 is immediate resistance level.
Let's watch closely
Observation from Chart:
ZHULIAN keep retest MA20 support level.
Will it rebound or break down this support?
Other indicator:-
1. MACD at positive region, uptrend sign.
3. Stochastic %K still on SELL call position.
If selling pressure is too high, it might break down MA20 support level & retest MA50 level.
Or it will keep consolidate at MA20 support level.
However, if rebound, RM1.96 is immediate resistance level.
Let's watch closely
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