anwarfairuz5

CENSOF to continue uptrend?

Long
MYX:CENSOF   CENSOF HOLDINGS BERHAD
EMA 50 become a strong support area for CENSOF. I think there are buy opportunities before the price reverse back to continue the uptrend because looking to the historical action, the price tend to respect the ema50 and then reverse back to continue the trend. My target price if it continue to uptrend is 0.375(20%) and using the ATR indicator, i will set my stop loss at 0.28(9%). Not a buy call, just my analysis for the purpose of learning.

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