Technical Analysis Sept 2012: MPHB (3859)
MULTI-PURPOSE HOLDINGS BERHAD
Observation from Chart:-
MPHB retest strong support level.
Will it rebound?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on SELL call itinerary.
If market sentiment is positive, it might be rebound & retest RM3.87 high.
However, if break down, next support should be RM3.45 level.
Let's watch closely...
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