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Zimy

Hibiscs: Exhaustion Gap

Long
HIBISCUS PETROLEUM BHD (MYX:HIBISCS)  
Zimy  
MYX:HIBISCS   HIBISCUS PETROLEUM BHD
Trend Analysis Chart Patterns Technical Indicators
5
0
trendanalysis chartpattern indicator
I think the gap should be an exhaustion gap instead of break away gap. Currently the price already breakout the previous gap resistant point.Overall I think the gap should be closed within a week. I think it will retest current resistant point this week before the price will move higher to 0.705. EMA also already signalling a bullish signal.

Daily:
Resistant: 0.53
Support: 0.505
Pivot: 0.515
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