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Capt_Dwe
Aug 3, 2018 12:24 AM

MyJournal Long

FOUNDPAC GROUP BERHADMYX

Description

I try to give explanation based on my restricted knowledge. Thus I hope, reader could give me comprehend understanding so that we can learn together.

Comment

each lower price on 4 Apr 2018. Since then, price sprang from 0.180 to 0.255. However, started from 4 Jun 2018, volume/macd increase significantly until broke downtrend line on 2 Jul 2018. Then, chart slowly making HHHL. However, there is worry when chart showing a tendency to develop rising wedge. The only technical indicator remain curious is price keep increasing. Thus, chart remain positive which bias bull ahead with slightly correction. Support expected at range 0.310 to 0.330, while candle is going to take a month to cross line 3/1. Wallahualam.
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