2303 Micro Electronics is looking at an early bottoming out reversal after price action broke above the downtrend line and today was edging up higher with steady flow of volume. Furthermore, Ichimoku shows steady uptrend and is a strong reversal. Momentum from long, mid and short-term are looking at a bullish momentum in unison. Long-term uptrend from the weekly chart shows uptrend remain intact.
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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.