Observation from Chart:
SKPETRO (5218) retrace down from technical rebound.
Will it form double bottom @ RM3.15 level ?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K trigger SELL call.
High probably will retest RM3.15 support level.
Do need to watch out lower high & lower low for the another wave of downtrend.
Immediate support @ RM3.15 level.
Subsequent support @ RM3.00 level.
Immediate resistance @ RM3.60 level.
Subsequent resistance @ MA20 level.
Let's watch closely for opportunity.
0 comments:
Post a Comment