We might see a downtrend here, MACD has shown indication of a sell This might be true because the Bulls are losing their STEAM ! MahSing might drop to a greater demand zone at 70 cents
Weekly timeframe has a stronger implication on the candles, the market is indecisive on where mahsing should go
Watch if 90cent is sustainable this upcoming week, If yes then we might see a technical pull back from the drop
Comment
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MahSing shows well respected at Fib Retracement 0.88 cents Expecting mahsing to continue the rally to Rm1
Update 6/3/2021
A very slow drop for mahsing - 3 months in the bag to touch a support or resistance line, mahsing has entered a favorable entry position upon touching the Fib retracement support
A very slow drop for mahsing - 3 months in the bag to touch a support or resistance line, mahsing has entered a favorable entry position upon touching the Fib retracement support