Observation from Chart:
IFCAMSC (0023) retrace down from RM1.87 level.
How low will it go?
Other indicator:-
MACD trade @ negative region, downtrend sign.
Stochastic %K on oversold stage, pending buy call.
Immediate resistance @ MA100, which is around RM1.35 level.
Subsequent resistance @ MA20/ MA50, which is around RM1.50 level.
Immediate support @ MA200, which is RM1.00 level.
Subsequent support @ RM0.89 level.
Due to oversold, most likely will technical rebound soon.
Let's watch closely.
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