elafifyms

Short Term Idea

Short
elafifyms Updated   
MYX:FPGROUP   FOUNDPAC GROUP BERHAD
- Harga telah retrace ke fibo 38.2% = RM1.03 dan membuat rebound.
- StochRSI telah berada pada paras oversold dan membuat golden cross.
- Risk reward ratio 1:1.1, not so good but not bad.

Support and Resistance:-
Support - 1030
Resistance -1230

Disclaimer: This is the author's solely personal opinion, trade at your own risk.
Comment:
- Almost reach the previous high at 1.23
- I'm expecting the price to break out 1.23 and make another ATH due to StochRSI golden cross just happened at the oversold area!

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