Pending downtrendline breakout:
Fundamental :
- new company
- in Industrial product and service sector
- recent Quarter report on 25th Aug,shows increasing QOQ (135%) and YOY (343%) - not shown in chart,can check at malaysiastockbiz website
- also owned by few big institutions
Technical :
- Pending breakout downtrendline and 200MA line.Have to monitor closely for valid breakout first before enter position
- Weekly MACD crossing up
Fundamental :
- new company
- in Industrial product and service sector
- recent Quarter report on 25th Aug,shows increasing QOQ (135%) and YOY (343%) - not shown in chart,can check at malaysiastockbiz website
- also owned by few big institutions
Technical :
- Pending breakout downtrendline and 200MA line.Have to monitor closely for valid breakout first before enter position
- Weekly MACD crossing up
Comment:
yes..now has breakout of the trendline!very significant volume