MBSB no more steam

Observation
1) Trendline - Sideways or downtrend (  Bearish)
2) Formed lower low- Bearish
3) MACD - Bearish crossover and broke below 0 (Bearish)
4) RSI -broke below 30%  (Super Bearish)
5) Sto -Broke below 10% and Bearish crossover (Super Bearish)
6) ADX - weakmomentum and Bearish( Bearish)
7) Candle Stick -  Formed shooting star 26 May ( Bearish)
8) Chart Pattern - Double Peak and retracement ( Bearish)

Conclusion
Retracement and with many Bearish Signal.. Worst of all which is a double peak potential to drop until RM 1.03


Entry Price 1.45
Resistance at 1.56 ( Short Term Profit)
Support at 1.36 ( break below this and be careful of the double peak pattern which may dive down towards 1.06 which is about 23% loss)