TeropongBursa

SHORT / MEDIUM TERM - PIE BREAKOUT-PULLBACK-CONTINUE

MYX:PIE   P.I.E. INDUSTRIAL BHD
PIE a profitable company, has broken out descending triangle chart pattern while RSI is bullish . potential price will attempt R1. If price break above R1, there is potential to reach R2 with sustained momentum. take regular profits, preferably at 50% and 78% from target.

If price failed to break R1, possible it will test S1 and potentially trading sideways.

KAMARUL NIZAM
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