DRB-HICOM BERHAD
Observation from Chart:-
DRBHCOM forming descending triangle?
How low will it go?
Other indictor:-
MACD trade at negative region, downtrend sign.
Stochastic %K on BUY itinerary..
If technical rebound,
Immediate resistance @ RM2.14 level.
Subsequent resistance @ MA20 level.
Immediate support would be RM2.00 level.
Subsequent support @ RM1.95 level.
Let's watch closely.
Wednesday, October 15, 2014
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