Zyke42

ASIAPLY - Symmetrical Triangle Setup

Long
MYX:ASIAPLY   ASIA POLY HOLDINGS BHD
ASIAPLY - Business turnaround, from loss to exceptional profits. It specializes in cast acrylics sheet manufacturing for various industries globally. Fundamentally promising

Symmetrical Triangle formation , with a longer term view of a rounded bottom forming.
Key EMAs squeeze , potentially breakout
Stochastic RSI Golden cross with Higher Lows
MCDX + Banker Strong , FiFT Green
Major Shareholders also buying

Taking into account if earnings remain consistent :
4 mil PAT
FPE 15 Target of RM 0.80 (over +113%)
FPE 20 Target of RM1.07 (over +185%)

Points of Interest :

R1 0.385
R2 0.430
R3 0.505

S1 0.365
S2 0.350

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