Observation from Chart:-
Since PARKSON break down RM3.69 support, it facing huge selling pressure & keep going down.
Will it consolidate sideway or technical rebound?
Other indicator:-
MACD at negative region, downtrend sign.
Stochastic %K still pending BUY call.
If rebound,
Immediate resistance @ MA20 level.
Subsequent resistance @ MA50 level
Let watch closely.
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