The AURO buy signal was triggered based on the MRV1 setup at RM0.170. The target is a 20% increase to RM0.210, with a stop loss of RM0.150. This is expected to take 2–3 months due to the signal being based on the daily timeframe.
Resistances are seen at RM0.195 and RM0.240. Support is seen at RM0.145.
**This is for discussion purposes only and is not a buy/sell call**
Laburlah's Daily Complimentary (07-MAR, Wednesday):
NWP
Technical Analysis Breakdown
1. Trend: Bullish breakout
2. RSI: Bullish
3. Stochastic: Bullish
4. Resistance: 0.27
5. Catalyst: Positive news on JV
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