SUPERMAX CORPORATION BERHAD
Observation From Chart:-
SUPERMX forming lower high & lower low.
How low will it go? Will it be technical rebound @ RM2.00 psychology level ?
Other indicator:-
MACD trade @ negative region, downtrend sign.
Stochastic %K @ oversold region, pending BUY call.
Immediate resistance @ RM2.29 level.
Subsequent resistance @ RM2.39 level.
Immediate support @ RM2.10 level.
Subsequent support @ RM2.00 psychology level.
Let's watch closely for technical rebound opportunity.
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