(Disclaimer: This is not a buy or sell call. Stock watch only serves as updates on selected stocks)
Technically, JMUDA slowly trending
upwards after rebounded from RM1.84 support.. Based on the chart, MACD
has returned and stayed above positive region with RSI slightly above
overbought region. Readers are advised to monitor MUDA price
movement these few days. Potential entry can be found between
RM2.01~RM2.17 with immediate support at RM2.01, 1st resistance at RM2.17 and 2nd resistance at RM2.31.
Technically, BIOHLDG has been trading side-way. Based on the chart, MACD is about to cross with RSI gaining momentum. Readers are advised to monitor BIOHLDG price movement. Potential entry can be found between RM0.37~RM0.38. Support can be found at RM0.365 with 1st resistance at RM0.385 and 2nd resistance at RM0.395. However, based on the current market sentiment, BIOHLD is likely to continue sideway until its next QR.
Stock Watch: MUDA (3883), BIOHLDG (0179)