SHCHAN triggered based on MRV1 on closing 19 Dec 23Buy signal triggered based on MRV1 setup at RM0.385;
20% target at RM0.465; stop loss at RM0.345;
2-3 months due to the signal based on the daily timeframe.
The second buy order after a great jump in price and volume traded and subsequent retracement. Given the large historical price spread between high and low of this counter, immediate resistance is at RM0.425 and next resistance at RM0.540. Support seen at RM0.305 area.
**Only for discussion purposes. Not a buy / sell call**
