SARAWAK CABLE BERHAD
Observation from Chart:-
SCABLE retrace down from RM2.23 high & retest MA20 support level.
Will it rebound?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on SELL call itinerary.
Immediate resistance @ RM2.23 level.
Immediate support @ MA20 level.
Subsequent support @ MA50 level.
Let's watch closely.
Thursday, August 22, 2013
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