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MUDAJYA: Recovering (technical)

Tags: mudajya trend

MUDAJYA gained 4 sen (3.7%) yesterday to close at RM1.12, bucking the Trend to stage a significant break-above from its downward consolidation trend since early-June. Coupled with positive uptrends in key indicators since its low on 11-Aug, yesterday’s move may potentially be indicative of a larger reversal play. Another encouraging note is the weak trading volumes during its downtrend, as



This post first appeared on Bursa Malaysia Stock Market Analysis Digest, please read the originial post: here

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MUDAJYA: Recovering (technical)

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