Observation from Chart:-
PCHEM break down RM6.31 strong support level & retrace down as much as 10% ++
3 Dec 2012, closed @ RM5.66 level.
Will it go down future? Or technical rebound?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K oversold stage but No BUY call yet.
There is a support @ RM5.65 & RM5.55 level.
High probably it migh consolidate or technical rebound @ this level.
Immediate resistace @ RM5.76 level.
Subsequent resistance @ RM5.86 level.
Let's watch closely.
0 comments:
Post a Comment