ringgitlab

GTRONIC - Inverted head and shoulders pattern

Long
MYX:GTRONIC   GLOBETRONICS TECHNOLOGY BHD
Price has broken the trendline on 18/07/2022 and formed inverted head and shoulders pattern.
The price has also passed the neckline of the inverted head and shoulders indicated potential reversal for GTRONIC.

Potential entry:
RM1.19 - RM1.23

Resistance:
RM1.58

Support:
RM1.16 / 1.10

Disclaimer: This trading idea is for education purpose only. This is not a buy call nor a stock recommendation. Please trade at your own responsibility.

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