THIS IS TRADE 99) FRM HAIDOJO TRADING... -top 20 jewels frm a very popular local bank... -technical : let's look at some price action... kpower has been in uptrend ever since Apr 2019…it is trying to retest the previous high at RM3.00-3.10…Since the “Great Fall” in mid-March this year, kpower has since gained more than 300% frm the bottom RM0.90…!
a breakout frm current RM3.00-3.10 resistance might trigger a new round of uptrend current support : RM2.50 lower support : RM1.88 resistance : RM3.00-3.30 new high Overall, kpower is still in tandem with its uptrend momentum…the only worry is that if it fails to make new structure high in price, then it will form a triple tops at range of RM3.00-3.00 thus the making it a high risk of reversal…
WARNING : this is juz a trading idea...trade at your own risk!
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