Observation from Chart:
SENDAI (5205) retrace down from RM0.535 high & retest support level.
Will it rebound @ support level?
Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K on SELL call itinerary.
Immediate resistance @ RM0.535 level.
Subsequent resistance @ RM0.595 level.
Immediate support @ RM0.475 level.
Subsequent support @ RM0.435 level.
Let's watch closely.
actually, the middle BB is the 20-days MA. No need to add 20MA anymore. Just my observation. tq
ReplyDeleteEversendai will break up soon, Eversendai said that as of June 30, it had recorded a strong outstanding order book of RM2.4bil, providing the group with solid earnings visibility in the next two years. It said that in the first eight months of this year, the group’s RM1.53bil worth of projects involved RM649.2mil in the Middle East, RM373.5mil in India and RM504mil in Malaysia and Thailand.
ReplyDeleteEversendai had been awarded contracts for the structural design, fabrication and erection of steel structures for the Blue Water Dubai Eye metro station in Dubai; Marathon Futurex II, DLF IT Park Phase III and the Statue of Unity (India); and Lot 91 Kuala Lumpur City Centre. Nathan said Eversendai continued to strengthen its position in the Middle East by securing contracts for a theme park in Abu Dhabi as well as a few other architectural landmark projects with the upcoming Dubai World Expo 2020 and FIFA World Cup Qatar in 2022.