ZHULIAN CORPORATION BERHAD
Observation from Chart:
ZHULIAN been retrace down from RM5.14 level to RM3.35 level.
Will it rebound or go to next strong support?
Other indicator:-
MACD at negative region, downtrend sign.
Stochastic %K still on SELL call position.
Immediate support @ RM3.00 psychology level.
Subsequent support @ RM2.95 level.
Immediate resistance @ MA200 level.
Subsequent resistance @ RM4.05 level.
Let's watch closely technical rebound.
Sunday, January 26, 2014
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