Something brewing in MINETEC?
Updated
MINETEC closed on Tuesday with a Doji Candle at support area of 21c-25c as per Ichimoku Cloud's lines and past candlesticks pattern . Next soft resistance is seen at 24c before testing resistances of 26c/29c and 31c as per past candlesticks pattern. Might look interesting if breaking out Green-Dashed trendline. Stoch yet to see buy signal but overall, Ichimoku Cloud lines showing uptrend for MINETEC. Dato Awang Daud (a substantial shareholder) keeps buying the shares in the open market indicating something good planned ahead for the company? My 2 cents. TAYOR
Trade active
Sorry, supposedly closed on Firday (8 May 2020) at support area of 21c-22c rather...Trade closed: target reached
TP/Resistance of 29c almost achieved. but not surprised if there is any continuation after healthy pullback. TAYOR
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.