MONITOR BREAKOUT!!
DISCLAIMER
THIS IS NOT AN INVESTMENT ADVICE, TRADE AT YOUR OWN RISK & OPPORTUNITY !!!
It tried to breakout from its 52week high of 4.75 today but retraced back to 4.69, forming a doji. Currently it is in a nice and good uptrend with the MA20 acting as a trendline. However take note the RSI nearing overbought zone soon and it formed a doji today. There could be a possible minor retracement before it tries to breakout, OR it could also rally and breakout before it retraces, hence please trade wisely. Banker chips almost 50% with strong banker inside(dark red).
R: 4.75, 4.84
S: 4.59(intermediate resistance), 4.5.
*If you like my chart or if my chart has helped to guide you, please leave a LIKE and feel free to share your opinion!*
THIS IS NOT AN INVESTMENT ADVICE, TRADE AT YOUR OWN RISK & OPPORTUNITY !!!
It tried to breakout from its 52week high of 4.75 today but retraced back to 4.69, forming a doji. Currently it is in a nice and good uptrend with the MA20 acting as a trendline. However take note the RSI nearing overbought zone soon and it formed a doji today. There could be a possible minor retracement before it tries to breakout, OR it could also rally and breakout before it retraces, hence please trade wisely. Banker chips almost 50% with strong banker inside(dark red).
R: 4.75, 4.84
S: 4.59(intermediate resistance), 4.5.
*If you like my chart or if my chart has helped to guide you, please leave a LIKE and feel free to share your opinion!*
Disclaimer
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