Technical Analysis Nov 2014: SUPERMX (7106)
SUPERMAX CORPORATION BERHAD
Observation From Chart:-
SUPERMX have been retrace down 16.5%...
Will it rebound @ psychology support level, RM2.00 ?
Other indicator:-
MACD moving toward negaive region, downtrend sign.
Stochastic %K at oversold stage
Immediate resistance @ RM2.06 level.
Subsequent resistance @ RM2.16 level.
Immediate support @ RM2.00 level.
Subsequent support @ RM1.82 level.
Let's watch closely for technical rebound ...
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