UEM SUNRISE BERHAD
Observation from Chart:-
UEMS forming lower high & lower low.
When will it rebound?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K trigger BUY call, pending confirmation.
Immediate support @ RM0.95 level.
Subsequent support @ RM1.14 level.
Immediate resistance @ RM1.03 level.
Subsequent resistance @ RM1.18 level.
Let's watch closely for breakout downtrend resistance level.
Sunday, January 24, 2016
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