HIBISCUS PETROLEUM BERHAD
Observation from Chart:-
HIBISCS (5199) keep on retest strong resistance level.
How about this round? Will it breakout & go higher?
Other indicator:-
MACD at negative region, downtrend itinerary.
Stochastic %K on BUY call itinerary.
Immediate resistance @ RM1.00 level.
Subsequent resistance @ RM1.04 level.
Immediate support @ RM0.925 level.
Subsequent support @ RM0.89 level.
Let's watch closely.
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