Currently forming ascending triangle pattern and testing resistance @ 0.13. We can enter immediate trade to ride the higher high @ 0.13 with support at 0.100 (RRR 1:1). We can also wait for a possible breakout from triangle with TP 0.155, 0.17, 0.19 and 0.22 (Triangle opening).
MACD gives a breakout signal at H4 chart, with RSI showing upward momentum.
Speed: Fast with only 129M shares float (39% of 333M shares) Sentiment: Bullish energy sector, KLCI window dressing (Dec 2020)
The company is ranked laggard in Industrial Services sector with low market capital. Trading penny stock needs strict risk management and holding power.
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.