UEM SUNRISE BERHAD
Observation from Chart:-UEMS keep forming lower high & lower low.
Will it rebound @ RM2.48 support level?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K trigger SELL call again, pending confirmation.
High possibility it might retest immediate support, RM2.48 level.
Immediate resistance @ MA20 level.
Subsequent resistance @ descending triangle line.
Let's watch closely.
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