adalard

in stead of going up, it enter into ranging

adalard Updated   
MYX:PELIKAN   PELIKAN INT.CORPORATION BHD
As referring to my previous idea, instead of going up, the counter enters into a ranging period. therefore we can implement buy low and sell high within the range in this case. if there is 1 day the price break through the top-ranging area, we can buy when the price break and see supported when pulling back.
Comment:
price has broken the range and show retraced and support before rally again. As mentioned in the previous post, the price has now reached the point of where Angle Pointing Way. As there is already a sideway ranging previously to accumulate strength, the price is expected to go high. Can plan to buy at retrace point at 0.510 at the moment.

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