FairTrades

HARBOUR's next attempt at a 52-week high breakout

Long
FairTrades Updated   
MYX:HARBOUR   HARBOUR-LINK GROUP BHD
This is an update to the my previous posting: HARBOUR - bringing your profits to shore (5th of May 2021).

Quick technical notes:
Price > EMA 18
EMA 18> EMA 42
MACD GC > 0
Volume - buyers in control
RSI up-trending

These technical setups are promising for a breakout.
The final decision to buy/sell is yours. Thank you.

Regards,
FairTrades

Trade active:
Huge volume breakout from Resistance 1.01 and 1.10.
Volume and price action depicts strong bulls are in control. Pullbacks/sideways price actions were accompanied by diminishing volume.

Referring to the weekly chart, the candle to be printed tomorrow is the 3rd consecutive weekly white soldier. This is a 3 period bullish candle formation which strongly suggests the beginning of a MULTI-WEEK up-wave ceteris paribus.

Monitor the key levels to help time your entry/exit in investing/trading in HARBOUR.
The final decision to buy/sell is yours.

Best,
Fair Trades
Trade active:
52-week high weekly closing. Huge buying volume. Pending MACD GC on the daily time frame. Up-trending daily RSI.

A break above the resistance of 1.15 timed along with the daily MACD GC would give HARBOUR the impetus it needs to scale new heights.

The final decision to buy/sell is yours. Thank you.

Regards,
FairTrades
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