LBALUM TECHNICAL ANALYSISTechnical analysis for LBALUM Stock based on Trend Analysis, Chart Pattern and Fibonacci Retracement
LBALUM
Big Divergence Aluminium Futures v. PA, LBalum, ArankMalaysia Aluminum Counters have big divergence with Aluminum Futures in the Global Market.
Aluminum Counters submitted a very good growth QR report although MCO 3.0 have been take place since 1st June. But The effect of MCO 3.0 are very minimal. The counters have a very high chance being wrong killing by the despair emotion of MCO 3.0 in the past.
Currently, It give a very good risk and reward ratio of margin of safety for value investors to consider the counters due to the current price is giving discount 5 months back price despite the aluminum have been keep going strong in the past few months..
currently these counter hovering above ma100 and supported by it.
will further monitor the upcoming week chart pattern behavior.
