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.
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.
Trade active
As expected, price breakout. Entry price was RM0.835 in this morning (08 JULY 2025).Hopefully will hit target soon.
Trade closed: target reached
Hit both 1st and 2nd target !
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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.