MALAYSIAN BULK CARRIERS BERHAD
Observation from Chart:
MAYBULK rebound from RM1.59 support level.
Will it break through MA200 resistance level?
Other indicator:-
MACD at negative region, downtrend sign.
Stochastic %K already trigger BUY call.
If the bull strong enough, high potential break through MA200.
Subsequent resistance RM2.00 psychology level.
Immediate support @ MA50 level.
Subsequent support @ MA20 level.
Let watch closely for entry opportunity...
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