Telekom Malaysia (TM) Share Price Suddenly Drop

Telekom Malaysia (TM) Daily Chart - November 2008

TM is going down this week because of some reasons. RSI-14 days is turning down which is less than 30 and the price suddenly dropped. Bottom Bollinger Band 20 days also broken. The nearest support TM price is at the RM2.54 which I think will be retested soon. If the price break the first support, it is likely to be at the RM2 price support level as the TM Daily Chart above.