MFlour has rallied to RM0.84 since early 2019. On 4 April, lack of volume indicated the demand was tired and the stock retested the RM0.73 support. On 24 April, the stock gained 6 percent in a single day with high volume suggested the demands at the price above RM0.73. However, the stock wasn’t able to trade higher and tested the RM0.73 supports.
I reckon the demands has tired. Immediate cut lost below RM0.73. Trade safely. (Click here for full image)