Technical analysis for MICROLN Stock based on Trend Analysis, Chart Pattern and VPA
1) In Monthly TF
- Overall trend still maintaining the long term UTL with highest VAP 0.440 as strong support.
- Current price candle trend had retracement and maintain at Fibo 0.36 area indicate the prior uptrend will continue. Current price candle trend moves in shorter range...
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Please consider your own interpretation of Opportunity & Risk. The author of this post strictly follows the Malaysian Security Commission ( SC ) Guidelines on the prohibition of Investment Advice by unlicensed parties. Any examples shall use historical charts without any recommendations and not to cause inducement to...
Those who consider Mircrolink need to becareful...
Earlier Triangle Breakout not enough momentum & strenght to push up the price.
It look like creating a Rising Wedge Pattern (bearish) ....
Hope the result and also the new will move up and break the wedge pattern tomorrow...
Otherwise, Microlink may U-Turn.... Dangerous Dangerous!!!
