MALAYAN FLOUR MILLS BERHAD
Observation from Chart:-
MFLOUR (3662) break down RM1.345 support level.
How low will it go?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K pending trigger BUY call.
High probably it might further retrace down.
Immediate support would be RM1.17 level.
If rebound, immediate resistance level would be MA20, RM1.345 level.
Subsequent resistance, RM1.41 level.
Let's watch closely.
Thursday, November 29, 2012
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- Technical Analysis Nov 2012: MFLOUR (3662)
- Technical Analysis Nov 2012: BAHVEST (0098)
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