PADINI HOLDINGS BHD
Observation from Chart:-
PADINI retrace down from RM1.84 high level.
Is that rebound soon? Or going retest RM1.59 support level again?
Other indicator:-
MACD trade at negative region, downtrend stock.
Stochastic %K still on SELL call itinerary.
Immediate support @ RM1.59 level.
Immediate resistance @ MA50/ MA100 level.
Subsequent resistance @ MA20 level.
Let's watch closely for reversal sign.
Saturday, January 25, 2014
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