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TALIWORKS (RM1.47) - MONITOR FOR CONSOLIDATION BREAKOUT

TALIWORKS CORPORATION BHD (MYX:TALIWRK)  
venomchartista  
MYX:TALIWRK   TALIWORKS CORPORATION BHD
Chart Patterns Trend Analysis
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chartpattern trendanalysis

On Wednesday, 3 Oct 18, the stock maintain on positive momentum and looks set to try for a BREAKOUT after almost 1 month in consolidation period. The price also in the positive outlook above both 20 MA and 50 MA lines. Ongoing momentum also by the Stochastic Oscillator patterns. Rally is likely to occur if the price can BREAKOUT the RM1.49 level. More buying interest ahead.

Stock Name : TALIWORKS CORP BHD (8524)
Entry : Buy Above RM1.49
Target : RM1.62 (8%)
Stop Loss : RM1.47 (2%)
Shariah : Yes
TA : Consolidation Breakout

-EAGLE EYE RESEARCH-

Disclaimer : The above commentary is solely used for educational purposes and is the contributor's point of view using technical analysis. The commentary should not be construed as an investment advise or any form of recommendation. Please consult a licensed investment adviser.
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