Observation from Chart:-
BENALEC retrace down from RM1.39 to RM1.11 (-RM0.28 or -20%)
Reversal candlestick been formed, how high will it rebound?
Other indicator:-
MACD indicator trade at negative region, downtrend sign.
Stochastic %K trigger BUY call.
Immediate resistance @ RM1.18 level.
Strong resistance @ RM1.285 level.
Immediate support @ RM1.11 level.
Subsequent support @ RM1.08 level.
Let's watch closely.
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