Overview:
-Construction company
-Non-profitable company since 2016
?Purely technical analysis
Technical:
H4, ma 200 line last support
Before recent breakout, price respect ma20/50
+first pullback supported by ma20/50 (strong indicator)
Monthly timeframe,
September close with inside bar.
Possible continuation?
-Construction company
-Non-profitable company since 2016
?Purely technical analysis
Technical:
H4, ma 200 line last support
Before recent breakout, price respect ma20/50
+first pullback supported by ma20/50 (strong indicator)
Monthly timeframe,
September close with inside bar.
Possible continuation?
loss -3.53% (RM 547.5)
reason sell: continuous bearish candle