SEDANIA
-2021 rallied high stock from RM0.180 - RM1.70
-Price retraced into bearish downtrend price action from RM1.70 - RM0.290 in Year 2022.
-Sideways traded within range of RM0.290 - RM0.520 in 2022.
-Potential breakout price action trade to transition into a bull trend.
Hi Traders!
Enjoy the wave 3 =)
Wave 3 of 5 objective is set at 161.8% = 1.400
At what point am I wrong in the analysis?
I'm wrong if price fall below the starting of wave 3 at 0.745 level.
Happy trading!
SEDANIA - Rounding bottom formation, BB is slowly and steadily swinging further from MA200, indicating strength. Any chance the stock break above 0.235 shall unleash stronger momentum. Support is good at 0.22
