Technical Comments: Recent MACD buy signal on MRCB supports a challenge above RM2.16, the 76.4%FR and upper Bollinger band, to re-visit the 13/1/11 peak of RM2.41 before pausing. Support is atRM2.00,the 61.8%FR.
UEMLAND (Code : 5148)
Technical Comments : Constructive chart pattern on UEM Land with a fresh MACD buy signal would reinforce a challenge above RM2.88 (76.4%FR) for a re-test of the 13/1/11 peak of RM3.40 before stalling. Good support platform exists at RM2.56, the 61.8%FR.
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