Based on fibonacci retacement, MZ consolidate at retracement point of 61.8% for sometime but unable to rebound off it. Then come last week sell down by unknown fund house, bring them to 50% (another golden support at S0.92). Given that I had buy in a few times on MZ, my capital has been quite tight after my last avg in at S$0.92. Hopefull, it starts to rebound from here. Else next support point will be S$0.86 which is abit dangerous for me.. Good luck to myself.
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