KAREX BERHAD (5247)
Observation from Chart:
KAREX (5247) retrace down from RM2.26 high to RM1.66 level. (-26.4%)
Will it technical rebound?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K at oversold stage, pending trigger BUY call.
Immediate resistance @ RM1.81 level.
Subsequent resistance @ RM1.93 level.
Immediate support @ RM1.66 level.
Subsequent support @ RM1.56 level.
Let's watch closely
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