Bornoil Testing the 20D MA Support

On Tuesday it went down after a shooting star appeared on 19 August along with the 20 August KLSE downpour..It is testing the support on the 20D Ma at 0.475.

MACD - 4G1R ( Bearish)
RSI - Bearish
STO - Bearish
Ichimoku - Bullish

Let check whether it can formed a higher low and break the resistance of 0.49 and 0.51. With these information we can know whether it has the strength to test the 0.585 resistance.