Thank you for your continued support :)
Strategy: Trend Line Strategy
Bias: Bullish, Annjoo tried to breakout the short term downtrend but failed on 20 Jan. After two day recharge, Annjoo is well supported above the uptrend line.
If the share price continued to be moving along above support line, SWC believes Annjoo will have positive movement in the future.
The short term next direction should be RM1.35, provided the share price stands firm above the immediate resistance RM1.31.
S: 1.22, 1.18
R: 1.31, 1.35
If you find this idea helpful, kindly drop us a like and leave your comment! Happy trading, Happy Chinese New Year, Huat Ah!
Strategy: Trend Line Strategy
Bias: Bullish, Annjoo tried to breakout the short term downtrend but failed on 20 Jan. After two day recharge, Annjoo is well supported above the uptrend line.
If the share price continued to be moving along above support line, SWC believes Annjoo will have positive movement in the future.
The short term next direction should be RM1.35, provided the share price stands firm above the immediate resistance RM1.31.
S: 1.22, 1.18
R: 1.31, 1.35
If you find this idea helpful, kindly drop us a like and leave your comment! Happy trading, Happy Chinese New Year, Huat Ah!