Observation from Chart:-
ARMADA retest RM4.00 psychology.
Will it rebound?
Other indicator:-
1. MACD moving toward negative region, downtrend sign.
2. Stochastic %K at oversold stage. Do trigger BUY call signal.
Uncertainty is there.
If break down RM4.00 psychology support, subsequent support RM3.90 level .
If rebound, immediate resistance MA50 level.
Let watch closely......
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