Market_Reader
TECHNICAL PERSPECTIVE: 1. STRONG AND REPEATING SUPPORT LINE 2. POSSIBLE TRIANGLE BREAKOUT FUNDAMENTAL PROSPECT: 1. SHUTTING DOWN ANALOG TV MIGHT ENCOURAGE PEOPLE TO TRY ASTRO (POSSIBLE REVENUE IMPROVEMENT IN FUTURE) 2. ATTRACTIVE DIVIDEND YIELD AT CURRENT PRICE (5.88%) RELATIVELY HIGHER RISK AND REWARD ENTRY SETUP — POSSIBLE TRIANGLE BREAKOUT ENTRY SETUP —...
Sideway — Low position increasing volume — Oversold — Doji Candlestick — Support with high volume — Relatively longer bottom shadow line Possible Bottom Catch Entry Setup + Rebound Signal. EP: 1.245 SL: 1.24 *Disclaimer: Information above is JUST for sharing and educational purpose ONLY .
TECHNICAL PERSPECTIVE: DECREASING SELL VOLUME — CONSTANT VOLUME AT LOW POSITION WITH POSSIBLE 'W' SHAPE BASE — POSSIBLE DOWNTREND RESISTANCE LINE BREAKOUT EP: 2.48 SL: 2.47