MRCB Testing Resistance
Updated
Testing the RM0.425 resistance, and got defeated. Property and construction is on the move lately after the conclusion of the 6 states election in Malaysia. #LONG
Note
Completely closed position on 25 Sept at 0.480 . Did not close at 22 or 23 Sept when it breach briefly RM0.50 because i wanted to let the bull ride upwards.
Retracement happening. Waiting time to re-enter perhaps since uptrend is not broken
Note
MRCB still sideways. Construction sector is not a hot sector currently. Penny stocks are instead.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.