NATGATE trade ideas
NATGATE - Potential Pullback on the Horizon?The stock has just closed above the key RM1.80 level, maintaining its position in line with the Hull Moving Average (HMA), suggesting some strength in the current trend. However, it's worth noting that the MACD remains in a downtrend (DC), signaling that momentum could still be weak. Investors should keep a close watch for any signs of a pullback, especially if the stock struggles to gain further upward traction.
It's crucial to not only know the right time to buy but, more importantly, to be ready and willing to sell when the time comes!
Disclaimer: Please be informed that all stock picks are solely for educational and discussion purposes; they are neither trading advice nor an invitation to trade. For trading advice, please consult your remisier or dealer representative.
