Observation from Chart:-
ULICORP (7133) retrace down retest RM1.71 bolinger band support level.
Will it rebound?
Other indicator:-
MACD trade @ positive region, uptrend sign.
Stochastic %K still on SELL call itinerary.
Immediate support @ RM1.71 level.
Subsequent support @ RM1.63 level.
Immediate resistance @ MA20 level.
Subsequent resistance @ RM1.81 level.
DO watch out upcoming quarter result, which will announce next week.
Perhaps the result above expectation, it might breakout the band & go higher.
Let's watch closely.
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