Another “high-flying “rubber stock dubbed as “Super Man” had also finally succumbed to the law of gravity. Based on the recent price actions of Supermx, it is now trading in a downtrend as it has displayed a series of lower highs and lower lows. It has also pierced below the 20 and 50-day moving averages and the MACD trend indicator continue to trend downwards below its centerline. Observations from these indicators reinforce the on-going bearish condition. Supermx may be poised to see a further slide towards the immediate support at RM 5.75 and a violation below it may unleash another bout of selling pressure to test the next support at RM 5.35. However the Stochastic oscillator has flashed a bullish crossover signal which indicates that Supermx may see a short-term “relive bounce” towards the immediate resistance at RM 6.64 and above it may see a further thrust to test the next resistance at RM 7.20.