SALUTICA BERHADLong
SALUTE - monitor for Flag Pattern Breakout
CP = RM0.880
TP = RM1.000
CL = BO and Close < RM0.830
Note: A bit high risk as the volume for highest candle is higher than the volume on the day of marubozu formed, hence strict CL discipline is required. Based on homily, currently DE and TE is nearing its peak and momentum is slowing. MCD still in good form (Bankerchip 76% vs Lockchip 0%)
TP = RM1.000
CL = BO and Close < RM0.830
Note: A bit high risk as the volume for highest candle is higher than the volume on the day of marubozu formed, hence strict CL discipline is required. Based on homily, currently DE and TE is nearing its peak and momentum is slowing. MCD still in good form (Bankerchip 76% vs Lockchip 0%)
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