DRB-HICOM BERHAD
Observation from Chart:-
DRBHCOM retrace down from RM2.75 high...
Will it retest RM2.40 support level?
Other indictor:-
MACD moving toward negative region, downtrend sign.
Stochastic %K already oversold region..
If technical rebound,
Immediate resistance @ MA100 / MA200 level.
Subsequent resistance @ MA20 level.
Immediate support would be RM2.40 level.
Subsequent support @ RM2.31 level.
Let's watch closely.
Monday, March 3, 2014
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