SUPERMAX CORPORATION BERHAD
Observation From Chart:-
SUPERMX forming lower high & lower low.
How low will it go? Will it be technical rebound @ RM2.00 psychology level ?
Other indicator:-
MACD trade @ negative region, downtrend sign.
Stochastic %K @ oversold region, pending BUY call.
Immediate resistance @ RM2.29 level.
Subsequent resistance @ RM2.39 level.
Immediate support @ RM2.10 level.
Subsequent support @ RM2.00 psychology level.
Let's watch closely for technical rebound opportunity.
SUPERMX (7106) - Technical Analysis June 2016: SUPERMX (7106)
http://www.stocktalk2u.com/2016/06/technical-analysis-june-2016-supermx.html
