]Observation from Chart:
PHARMA (7081) forming strong support @ RM2.01 level.
Will it breakout strong resistance level & go higher?
Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K on BUY call itinerary.
Immediate support @ RM2.01 level.
If break strong support, lower low is confirm. Downtrend will resume.
Immediate resistance @ RM2.26 level
Subsequent resistance @ RM2.50 level.
Glove sector have been bull rally on Influenza A diseases.
How about Pharmaceutical sector?
Which company is Influenza A vaccine supplier?
Source: https://www.nst.com.my/news/nation/2020/01/555890/health-ministry-influenza-vaccine-supply-sufficient-no-need-worry
Let's watch closely.
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