MALAKOFF CORPORATION BERHAD (5264)
Observation from Chart:-
MALAKOF retest downtrend resistance level.
Will it breakout & go higher?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K on BUY call itinerary.
Immediate resistance @ RM1.05 level.
Subsequent resistance @ RM1.08 level.
Immediate support @ RM1.02 level.
Subsequent support @ RM1.01 level.
Upcoming Q2 result will be announced on August 2017.
Let's watch closely.
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