ginlin84

ANCOM (BURSA WK43 2021)

Long
MYX:ANCOM   ANCOM BHD
First uptrend finished, price breakout the box which consolidated 1 to 2 weeks.
There is two possible entry trade coming days:
(1) Breakout Entry, follow the strong uptrend with volume .
(2) Wait price retrace and a confirmation of rebound.

Since no resistance line on top of price, taking profit target can be set above 2R unless price appear huge bear candle with high volume .
Initial stop loss set at recent low 2. 40 or 2.52 (short term trade).

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