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Strategy: MA Cross Strategy
Bias: Bullish. Correction phase might have finished as the share price tested support at RM0.240. Today's candlestick crossing up 5MA & 10MA, as a short term bullish breakout signal.
SWC believes if the momentum continues, the next direction will be RM0.285 which longer time needed. Before that, it should break the previous high of RM0.270 and RM0.260, which acts as the immediate resistance.
S: 0.240
R: 0.260, 0.270
If you find this idea helpful, kindly leave us a like or comment!
Strategy: MA Cross Strategy
Bias: Bullish. Correction phase might have finished as the share price tested support at RM0.240. Today's candlestick crossing up 5MA & 10MA, as a short term bullish breakout signal.
SWC believes if the momentum continues, the next direction will be RM0.285 which longer time needed. Before that, it should break the previous high of RM0.270 and RM0.260, which acts as the immediate resistance.
S: 0.240
R: 0.260, 0.270
If you find this idea helpful, kindly leave us a like or comment!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.