D&O green tech - top 20 jewel series of malaysia stocks
Updated
top 20 jewels frm a very popular local bank...
fundamental : I don't know...
technical : let's look at some price action...
D&O green tech has been in uptrend movement since 2012-2018...after reaching peak at RM1.00 in Oct 2018, it has been trading sideway with a lower-high formed at RM0.92, in early Jan 2020 this year...during “The Big Fall” in mid March this year, the strong support at RM0.49 still holds...the rebound come back to RM0.78... a possible bullish cypher pattern formation but need to hit RM0.865 as the C leg and moving back to kill zone ranging frm RM0.525 -0.565...again, it is too early to say...
current support : RM0.70-0.78
lower support : RM0.49-0.56
strong support : RM0.43-0.49
resistance : RM0.92-1.00
in overall, D&O is still trading in a sideway consolidation...
WARNING : this is juz a trading idea...trade at your own risk!
plz like and share...
fundamental : I don't know...
technical : let's look at some price action...
D&O green tech has been in uptrend movement since 2012-2018...after reaching peak at RM1.00 in Oct 2018, it has been trading sideway with a lower-high formed at RM0.92, in early Jan 2020 this year...during “The Big Fall” in mid March this year, the strong support at RM0.49 still holds...the rebound come back to RM0.78... a possible bullish cypher pattern formation but need to hit RM0.865 as the C leg and moving back to kill zone ranging frm RM0.525 -0.565...again, it is too early to say...
current support : RM0.70-0.78
lower support : RM0.49-0.56
strong support : RM0.43-0.49
resistance : RM0.92-1.00
in overall, D&O is still trading in a sideway consolidation...
WARNING : this is juz a trading idea...trade at your own risk!
plz like and share...
Note
trade 65), add oil...
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