TENAGA (5347)
Last seen Bullish Trend was from August 2018 - September 2018.
Bearish Trend occurred since October 2018 - Now presently 2019.
Price slide down from RM15.50 to RM12.00 (-22%) and will continue to persist until evidently proven price has reversed its trend into a Bullish Trend in the near future. Don't ride on a Bearish Trend stock!
Overall downtrend, bearish momentum in build.
1. Will wait for the retest at the level 13.35 and ride the trend
2. Break the trend line, wait for the retracement and enter the position.
INFO CFD KLS
Market Bursa dah nak buka kejap lagi..kita tengok dulu saham apa yang berpotensi.
TENAGA 5347
Technical view
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+ Breakout inverse head and shoulder.
+ Up trending
+ Approaching resistant zone.
Highlights
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+ TNB electricity project in Janda Baik receives EIA, EMP approvals
+ Tenaga and YTL Power will not be affected by recent...
Siti Nur Nadhirah Mohd Roslen
Trend: Uptrend line with resistance at 16.26 and support at 14.83.
Indicator: Parallel channel which shows price keeps traded in the channel. Even though there is a breakout, the price maybe turn back trading in the channel area. This can be support by On Balance Volume indicator where it shows the trend is still in...
![5347: [MSTA] TENAGA WEEKLY CHART](https://s3.tradingview.com/e/eH4PhFcq_mid.png "[MSTA] TENAGA WEEKLY CHART")
