MALAYSIAN RESOURCES CORP BHD
Observation from Chart:
MRCB succeed breakout downtrend resistance
How high will it go?
Other indicator:
MACD moving toward positive region, uptrend itinerary
Stochastic %K overbought stage.
Immediate resistance @ RM1.15 level.
Subsequent resistance @ RM1.19 level.
Immediate support @ RM1.07 level.
Subsequent support @ RM1.06 level.
High possibility will retrace down retest support level.
Let's watch closely.
Saturday, September 19, 2015
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