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Muhibah starting to move downward

Written By Unknown on Friday, 9 August 2013 | 10:52:00 am

Looking at the charts it seem the rebound on the supporting line is weak with a weak volume which not able to sustain the incline of the price. High chances it might test the supporting line and break below.



Pattern - Testing the support trendline. If break below it , better have some stop loss to protect your self. Let hope that the volume come back after the holiday to have another rebound from the support trendline to break above the 2.73 Resistance.

Volume - Decreasing , price not sustainable without good volume
RSI - Negative
STO - Negative

Support 2.43 , 2.2, 2.04
Resistance at 2.73 and 3.053

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