PADINI HOLDINGS BHD
Observation from Chart:-
PADINI retest RM1.585 support level.
Will it rebound ? Or break the support level?
Other indicator:-
MACD trade at negative region, downtrend stock.
Stochastic %K trigger SELL call again, pending confirmation.
Immediate support @ RM1.585 level.
Once it break the strong support, it might be high selling pressure.
Immediate resistance @ MA20 level.
Subsequent resistance @ MA50 level.
Let's watch closely.
Thursday, February 13, 2014
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