MY: Wells Analysis 19.12.23After long accumulation phase, price at resistance. RSI moving above 60, Institution start to come in. Higher probability price will break resistance RM 0.70. Looking at target price at RM 0.85. Not a BUY/SELL call. Please due diligence before enter any trade. WLongby nares852
WELLS, he will be back soon?>> positive divergence °° MACD and RSI slowing climbing up. Look for good entry / better signal 🚦 When a stock / index has gone up substantially, we must be more care if we decide to get involve in it... monitor closely and be agile.... we cannot PREDICT what definitely will happen ~ we can only RESPONSE to what we see! Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein. WLongby DSELE990
WELLS - pullback n challenge ATH?Day and week charts : both TF still look good. Probably retest 840 area. Overall it's still OB. Yes, many are afraid of OB counter. But some traders know there always opportunity there. Wanna know what happens next? Just watch. Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.Wby DSELE991