TeropongBursa

SHORT/MEDIUM TERM TRADE - KPS - TRADE THE BREAKOUT

Long
TeropongBursa Updated   
MYX:KPS   KUMPULAN PERANGSANG SELANGOR
KPS closed above previous resistance into new territory.Target is set at T1 a same distance as the existing channel. If buying increase in the following days, price is poised to test T1. Support is at S1 (along red line) and S2.
Comment:
target almost reached. sell position half to ensure lock your profits while let the other half attempt to T1.

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.