Immediate resistance zone is between RM2.37 to RM2.41.
This zone was broken by strong downward price movement with relatively high volume on 10 January 2018.
Take note the last few days price upward movement failed to attract relatively high volume. Also, there is negative divergence between price action and S-Trader Smart Money Index.
Is strong catalyst around the corner ?
Related post, Outlook for technology sector seems promising
Note : S-Trader indicators/tools are not part of Metastock software package. It is our proprietary system/tools. If you have any further inquiries, please feel free to Contact Us.
Source :
1) Metastock
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