Laburlah's Daily Complimentary (23-MAR, Friday):
HUAAN
Technical Analysis Breakdown
1. Trend: Bearish
2. Chart formation: Descending channel
3. RSI & Stochastic: Bearish
4. Support level: Current
5. Risk: Falling out from crucial support
Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your...
1. Waves pattern indicated that a possible wave-4 just ended on the FR 50% of wave-3.
2. This followed by a reversal candlestick called “Bullish Engulfing”.
3. The immediate resistance / target will the previous high at 0.665.
Disadvantage - Current price now showing a relatively poor risk:reward ratio (refer to chart).