kgiap123

Hibiscus Rebounce making Higher Low

kgiap123 Updated   
MYX:HIBISCS   HIBISCUS PETROLEUM BHD
Fast Turtle buy and breaks small trendline forming higher low with strong volume
FiFT turned +ve with BoD signal.
Align to Oil Future movement

Support Zone 0.40 to 0.42
Resistance EMA50 / 0.545
Fast Turtle Buy above 0.545

Comment:
Correction above : Slow Turtle Buy above 0.545 (Further buy)

added 9% since Fast turtle buy on 3 May and align to Oil future market movement.
ATOM Buy signal appear. Hold unless breaks trendline.
Move SL to Entry point.
Comment:
Weekly Revew :
Max 12%, settle 7.5%
This week gap up remain open and manage to stay above EMA50 - GOOD

However, it fail to breaks slow turtle resistance 0.545
Potential pullback to close gap if breaks below 0.51

Hold/Monitor

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