DRBHCOM - The LOW is getting HIGHER !DRBHCOM - CURRENT PRICE : RM0.815
The stock made a HIGHER LOW recently - this may consider as a half portion of new uptrend is completed. A breakout above RM0.930 will form the higher high structure - which confirm the new uptrend phase.
For short term trading purposes, short term traders may anticipate to buy if the stock breakout nearest resistance of RM0.830 - which will give an entry point at RM0.835. So this is a pending breakout stock. Nearest target will be RM0.870 and RM0.910. While support will be RM0.795. Take note also that MACD give a bullish hint.
ENTRY PRICE : RM0.835
TARGET : RM0.870 and RM0.910
SUPPORT : RM0.795
Notes : If the stock breakout RM0.930 in the future, it is a sign of strong bullish momentum (strong uptrend). So at that particular time, trend follower traders may anticipate to buy at RM0.935 - RM0.940.
