KCTrader7

FAILED BREAKOUT FROM HANDLE...?

MYX:GRANFLO   None
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Based on the previous chart that I have drawn, it seems that it failed to breakout from its handle, and slammed down the 0.6 support. MA10 just crossed below MA50 which is not a good sign for short term. Banker chips around 25% and RSI pretty low too. Can monitor for possible rebound play. However take note it'll be higher risk due to bad market sentiment too.

R: 0.6, 0.635
S: 0.57, 0.55, 0.52

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