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RozaniGhani-RG

Ascending Triangle ETA 22 Oct 2020

Long
JCY INTERNATIONAL BERHAD (MYX:JCY)  
RozaniGhani-RG  
MYX:JCY   JCY INTERNATIONAL BERHAD
Support and Resistance Moving Averages Triangle Ascending Triangle Bullish Patterns LONG ma20 ma50
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supportandresistance movingaverage triangle ascendingtriangle bullish long ma20 ma50
As of 21 August 2020, JCY has been on a strong uptrend as suggested by the upward sloping 20-Day and 50-Day Moving Averages.
Furthtermore, the next resistance level is quite far at 0.805.

Support 2 : 0.830
Support 1 : 0.805 (24.74%)
Resistance 1 : 0.580 (-10.06%)
Resistance 2 : 0.550

Ascending Triangle identified at 21 Aug 2020.
This pattern is still in the process of forming.
Possible bullish price movement towards the resistance 0.725 within the next 62 days (42 bars : ETA 22 Oct 2020).
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