My View

GADANG (9261) - What are the support levels?

Adam Khoo
Publish date: Fri, 28 Oct 2016, 09:59 AM
Sharing my view.

The immediate support level based on Fibonacci Retracement locate at the region of RM2.80.

If the support broken, the next two support level will be at the region of RM2.62 & RM2.45 respectively.

Both RM2.80 & RM2.62 seem to be a strong support level. 

Technical rebound is expected when the price reach RM2.80 level.

The immediate resistant will be at the region of RM3.02. 

The price will likely moving side way at the region of RM 2.80 & RM3.02 in short term.

 

 

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