Cyrogx6

CAREPLS - No brainer, Buy the dip

Long
MYX:CAREPLS   CAREPLUS GROUP BERHAD
WEEKLY

Buy the dip, Careplus is wel supported in the bullish pennant
Is careplus still in trent ? ABSOLUTELY
Weekly shows that price always rebound within the pennant
Ignore daily price fluctuation

Trade within the pennant , Price is within the demand zone .

Specifically for careplus sector, The trend is still intact, RSI has yet to cross below 50 mark. Which means, the trend is still intact, simillar to MACD .
Buy when MACD histogram shows a good sign for the dip. Look out for this week

a total of 8 weeks downtrend, 8 weeks of FEAR


Demand zone: 2.50
Stronger demand zone: 1.90

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Nicee!
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