TAMBUN INDAH LAND BERHAD
Observation from Chart:
TAMBUN (5191) retrace down from RM1.54 to RM1.19 level (-22.7%).
Will it technical rebound ?
Other indicator:-
MACD trade @ negative region, downtrend sign.
Stochastic %K pending trigger BUY call.
Immediate resistance @ RM1.26 level.
Subsequent resistance @ RM1.33 level.
Immediate support @ RM1.19 level.
If break RM1.19 support, lower low is confirm. Downtrend will resume.
Let's watch closely...
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