HAIDOJO_trading

gabungan AQRS - top 20 jewel series of malaysia stocks

MYX:GBGAQRS   GABUNGAN AQRS BERHAD
top 20 jewels frm a very popular local bank...
fundamental : I don't know...

technical : let's look at some price action...
Like many of its peers in the top 20 jewels, gbg-AQRS is another stock which has a short-list of daily data...dated back to 2012...(normally, 10 years data will be presumably more accurate/reliable...?). the price range frm RM0.60-2.10...
the price juz rebound a little frm “the Big Fall” in mid March, frm the low of RM0.62 till now, RM0.90...overall, it is still in downtrend...
current support : RM0.80
lower support : RM0.62
resistance : RM1.18...
higher resistance : RM1.50.
overall, gbg-AQRS is still in downtrend, it needs to break abv the RM1.18 high which is also the previous structure high in order to show a reversal of trend...
WARNING : this is juz a trading idea...trade at your own risk!

plz like and share...

Comment:
trade....7....5....

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.