Stock Watch: MUDA (3883), BIOHLDG (0179)

(Disclaimer: This is not a buy or sell call. Stock watch only serves as updates on selected stocks)

• MUDA

            Technically, JMUDA slowly trending upwards after rebounded from RM1.84 support.. Based on the chart, MACD has returned and stayed above positive region with RSI slightly above overbought region. Readers are advised to monitor MUDA price movement these few days. Potential entry can be found between RM2.01~RM2.17 with immediate support at RM2.01, 1^st resistance at RM2.17 and 2^nd resistance at RM2.31.

• BIOHLDG

Technically, BIOHLDG has been trading side-way. Based on the chart, MACD is about to cross with RSI gaining momentum. Readers are advised to monitor BIOHLDG price movement. Potential entry can be found between RM0.37~RM0.38. Support can be found at RM0.365 with 1^st resistance at RM0.385 and 2^nd resistance at RM0.395. However, based on the current market sentiment, BIOHLD is likely to continue sideway until its next QR.

Stock Watch: MUDA (3883), BIOHLDG (0179)
http://www.investforlife.com.my/stock-watch-muda-biohldg/