Technical analysis for ALCOM Stock based on Trend Analysis, Chart Pattern and Fibonacci Retracement
Alcom has breakout from symmetrical triangle. Waiting for this week candle to close above point B. Target TP is at 1.59
ALCOM had successfully form a support at RM 0.75 and stock looking forward to reverse and challenge 1st target at RM 0.9 in 1 month time. ALCOM volume look well accumulate on 12 April & 14 April and yet to distribute yet.
Looking for long position after budget 2021