OPENSYS (M) BHDLong
OPENSYS - possible limited upside inside descending triangle
We observed the stock has formed a descending triangle structure. Next target probably limited upside (max potential +20% @ 0.640) before making a pullback and drop below support of the structure.
R 0.565, 0.610, 0.640
S 0.505, 0.480
This will be invalid if continues to break support @ 0.505, which break the triangle structure.
Speed: Fast with 169M shares float (38% of 446M shares)
Sentimen: Bullish tech, probably due to its solar online marketplace venture ?
TAYOR
R 0.565, 0.610, 0.640
S 0.505, 0.480
This will be invalid if continues to break support @ 0.505, which break the triangle structure.
Speed: Fast with 169M shares float (38% of 446M shares)
Sentimen: Bullish tech, probably due to its solar online marketplace venture ?
TAYOR
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Related publications
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.