(weekly) - There is a potential from this counter to make BO DTL pattern. If using Fibo lines, we can see the candle did not cross down the fibo 61.8% (at 0.455)
price currently near support with bullish divergence. am watching for trading opportunity.
Reason to buy : 1. Bollinger Band Squeeze 2. RSI test level 40 3. Price test EMA100 TP 1. 1st TP the previous high (0.860) 2. 2nd TP fibonaci extension 100% (0.925) 3. 3rd TP Fibonaci extension 161.8% Cutloss if 1. RSI close below level 40.
Refer to the chart, the stock is possibly forms a cup and handle pattern if price broke above RM0.9 with volume support. Consider long if above condition is met. Happy trading!
ADAKAH VERSATL AKAN MENERUSKAN KENAIKKAN
Beli di Zon Beli (Permintaan) dan Stop Loss jika harga jatuh melebihi line merah.