Today, the price break the resistance with huge volume. In addition, this stock made Bullish Engulfing candle on weekly chart. Then, the stock almost made a crossover from the oversold region.
Trade closed: target reached
Yesterday, the price make a bullish kicker with large volume. Then, today, the price already reached the TP RM0.99. Therefore, we should collect it first while still in profit. Besides that, if we look at weekly chart, it looks like there is still more room to go because the stock still in oversold region.
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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.