Observation from Chart:
ANNJOO keep consolidate & trading sideway since End of Sept, 2012.
Will it break through MA20 resistance level?
Other indicator:-
MACD at negative region, downtrend sign.
Stochastic %K already trigger BUY call.
It has been oversold & take a quite long duration for consolidate.
High probably it will technical rebound.
Once break through MA20, MA50 would be next resistance level, which is around RM1.43 level.
Immediate support @ RM1.31 level.
Let's watch closely...
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