kairul84

Dataprp need a buying pressure

Long
MYX:DATAPRP   DATAPREP HOLDINGS BHD
DATAPRP*
- PRICE ANALYSIS : 1Day Chart ( Swing )

a) Chart Pattern = 1st Degree of Major Reversal Pattern of Cup Developing support for Saucer.
b) Maximum Reversal point Fib 0.618 critical area at Saucer tip line.
c) Currently Sideway at strong support 0.980 and Red line ( TRL ) 1.185
d) Requirement to Breakout from MA50 and Red Line need very high buying pressure ( HIGH VR )
e) RELATIVE MOVING AVERAGE ( 10 & 20) PERFORMING APEX ( TIP) sign of bullish has come

- VOLUME ANALYSIS
a) Volume Ratio = 1.9 in good momentum for accumulation buying interest
b) VR Peak Breaking trend = Not yet sign for a new trend starter .

Trade Objective to catch breakout from strong resistance (MA50 and TRL )

TAYOR - EDUCATION POST.