muhammadaniq75

YONGTAI Rebound From Higher Low

Long
MYX:YONGTAI   YONG TAI BHD
Yongtai has made a first contraction from 52 week high by 26.45%. Then, it contracted by 12.61%. During the contraction, the volume was decreased gradually. Then, yesterday (26/7/2023), Yongtai rebound from higher low with a large volume. This is consider a good sign and there is a chance to go upward. To support that, the stochasticRSI already made a crossover and the MACD is likely to follow suit.
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.