JeremyTee_ws

ASB, preparing to lift off?

Long
MYX:ASB   ADVANCE SYNERGY BHD
ASB after a month of side way, these 3 trading day has increased its volume and break out from the price 0.170.
We can see from Fibo retracement, it has been settled down above 70.5% or EMA25 line.

On RSI indicator, we can see it is starting crossing up from 14 days average line and pointing up to upper zone.
Although technically it looks very attractive, however due to it is penny stock, any single bid of pricing will causing at least 5% losses.
If you are the high risk taker, RM0.155 can be your stop loss, which is 14% risk.

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