Pending downtrendline breakout:
Fundamental :
- new company
- in Industrial product and service sector
- recent Quarter report on 25th Aug,shows increasing QOQ (135%) and YOY (343%) - not shown in chart,can check at malaysiastockbiz website
- also owned by few big institutions
Technical :
- Pending breakout downtrendline and 200MA line.Have to monitor closely for valid breakout first before enter position
- Weekly MACD crossing up
Fundamental :
- new company
- in Industrial product and service sector
- recent Quarter report on 25th Aug,shows increasing QOQ (135%) and YOY (343%) - not shown in chart,can check at malaysiastockbiz website
- also owned by few big institutions
Technical :
- Pending breakout downtrendline and 200MA line.Have to monitor closely for valid breakout first before enter position
- Weekly MACD crossing up
Note
yes..now has breakout of the trendline!very significant volume
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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.