FairTrades

HARBOUR: bringing your profits to shore

Long
MYX:HARBOUR   HARBOUR-LINK GROUP BHD
Harbour has consolidated for the past 3 months and has finally showed signs of the start of a new bull wave.

The EMA18 line has crossed above the EMA42 line just recently and the price has sustained above it for over a week.

A MACD Golden cross has formed above the zero line, indicating a bullish upmove.

The volume over the past 7 trading days depict the strong control the buyers have over the price of the stock. Suggesting a bullish sentiment where demand outstrips supply.

Key levels to watch for are R1 = 0.950, R2 = 1.00; S1 = 0.900, S2 = 0.865

My TA indicators are pointing towards a breakout from the resistances very soon and for harbour to bring your profits to shore.

The final decision to buy/sell is your own decision.

-FairTrades