Salahuddin_yusuf

Priceworth International Heading towards Resistance Level of 9.5

Long
MYX:PWORTH   PRICEWORTH INTERNATIONAL BHD
PIB managed to break through 200 EMA, which is now its support. PIB will be on an uptrend. Fibonacci Retracements show that it has pulled-back at 50%, (6.5 cents), and should push up to its resistance of 9.5 cents. This resistance level has not yet been broken, since January 2018. Thus, PIB will be a good short-term investment, buying in at 7 cents, and selling at 9.5 cents.

Thank you.
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