MALAYSIAN RESOURCES CORP BHD
Observation from Chart:
MRCB break down RM1.54 strong support, facing high selling pressure.
When will it technical rebound?
Other indicator:
MACD trade at negative region, downtrend itinerary
Stochastic %K already @ oversold stage.
Immediate resistance @ RM1.40 level.
Subsequent resistance @ RM1.54 level.
Immediate support @ RM1.33 level.
Subsequent support @ RM1.26 level.
Let's watch closely.
Thursday, January 31, 2013
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