MALAYSIAN RESOURCES CORP BHD
Observation from Chart:
MRCB break uptrend support level?
Will it recover & trade above the line?
Other indicator:
MACD trade @ positive region, uptrend itinerary
Stochastic %K on SELL call itinerary.
Immediate resistance @ RM1.10 level.
Subsequent resistance @ RM1.17 level.
If the rebound strong enough, potential will retest RM1.10 resistance level.
Immediate support @ RM1.03 level.
Subsequent support @ RM0.97 level.
Let's watch closely.
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