ShareWorldConsulting

{SWC}—— Dpharma, Breakout DTL

Long
MYX:DPHARMA   DUOPHARMA BIOTECH BERHAD
Dpharma had broken out short term downtrend line, presented Piercing candlestick pattern and continued closed it share price at MA20 last Friday. More volume needed to push up the price. MA5 and MA10 consolidation

Momentum Chips (red chips) show a positive signal. Do also note that this counter will be affected by vaccine news.

Bias: Long

Resistance: 3.35, 3.50
Support: 3.15, 3 (use MA 10 as support)

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Trade closed: target reached

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