Dilihat berjaya break downtrend line dan harga close diatas EMA20 dan EMA200.
SAR signal menunjukan telah berlaku perubahan trend dan berlakunya reversal. MACD line perlu berada di atas 0.000 untuk meneruskan bullish momentum.
Next resistance yang dituju adalah pada harga 0.485.
#idea
Demonstration & Ilustration For Analysis Tools by MFA
Status: Currently in transition mode from Bearish Momentum to Bullish Momentum (Red to Green).
Bullish Signal: Confirmation by Yellow Arrow.
Arrow's Charateristic:~
Yellow: Strong Bullish Signal
Blue: Weak Bullish Signal
Red: Bearish Signal
Trading Style: Swing
Estimated Holding Period: 0-2 month
...
Currently trading at an area of resistance and 50ma just crossed above 200ma. Monitor to buy upon breakout above 0.37 with take profit target at 0.4. Cutloss if fall below 0.345.
Based on Malton, price holding strong and ranging between 0.55-0.59 for past 2 weeks. If buying interest keep coming up, price potentially will go higher.
Buy = 0.56-0.59
TP1= 0.605
TP2 = 0.655
TP3 = 0.695
Cut loss = below 0.52
