PCHEM - Bullish pennant
Updated
MYX:PCHEM is forming bullish pennant .
Could PCHEM price continues going up after 2-months of retracement?
Potential entry:
Upon pennant breakout at RM8.78
(Best scenario when the body of the candlestick closes above RM8.78)
Resistance:
RM9.13 / RM9.26
Support:
RM8.48
Disclaimer: This trading idea is for education purpose only. This is not a buy call nor a stock recommendation. Please trade at your own responsibility.
Could PCHEM price continues going up after 2-months of retracement?
Potential entry:
Upon pennant breakout at RM8.78
(Best scenario when the body of the candlestick closes above RM8.78)
Resistance:
RM9.13 / RM9.26
Support:
RM8.48
Disclaimer: This trading idea is for education purpose only. This is not a buy call nor a stock recommendation. Please trade at your own responsibility.
Trade closed: stop reached
Hit stop loss at support RM 8.48.
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