Get started
mudzaffarismail

PELIKAN Testing Value Area High of Current Sideways Structure

PELIKAN INT.CORPORATION BHD (MYX:PELIKAN)  
mudzaffarismail  
MYX:PELIKAN   PELIKAN INT.CORPORATION BHD
Trend Analysis
0
0
trendanalysis
Still in a sideways structure with price maintaining above both EMA50 and EMA200 indicating bullish biasness. Feb 4 price action saw PELIKAN testing its developing Value Area High at 320 however failed to close above it. A daily close above 320 may see PELIKAN testing structure's Supply Zone as marked.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.