Technical Analysis Apr 2020: KAREX (5247)
KAREX BERHAD (5247)
Observation from Chart:
KAREX (5247) retest RM0.395 support level.
Will it rebound?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K at BUY call itinerary.
Immediate resistance @ RM0.58 level.
Subsequent resistance @ RM0.42 level.
Immediate support @ RM0.36 level.
Subsequent support @ RM0.26 level.
Recent news on condoms
Source: CNA
Source: Bloomberg
Let's watch closely
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