Practice Makes Perfect

MUDAJAYA - It Is Time to Rebound After Bonus Issue!?

Chin Kok Tan
Publish date: Tue, 16 Aug 2011, 12:50 AM
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CK>> Share price of Mudajaya keeps dropping non-stop with no sign of reversal right after the 3-to-1 bonus issues on 14-July. However, share price was gap up for these two consecutive trading day while volume remain OK (not high).

We should now waiting for MACD crossover and RSI break above 30%. Perhaps this should be the right time to watch it rebound back to at least RM 3 level.



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