MALAYSIAN RESOURCES CORP BHD
Observation from Chart:
MRCB retest MA50 resistance level.
Will it break through?
Other indicator:
MACD trade at negative region, downtrend itinerary
Stochastic %K trigger BUY call.
Immediate support @ MA20 level.
Subsequent support @ RM1.54
If succeed break through, MA100 would be subsequent resistance, which is around RM1.70 level.
Let's watch closely.
Monday, October 15, 2012
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