DannyKc

HUMEIND challenging previous resistance

Long
MYX:HUMEIND   HUME CEMENT INDUSTRIES BERHAD
Price now RM1.04

Trying to break previous high resistance.

What is different with previous high are, this time buying volume has increase, and momentum/macd is stronger than before.

Price action is also at the support of midterm Moving average line.

TP +10%
CL -4%
Risk reward ratio : 3

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Thanks!

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This information only serves as study references, does not constitute a buy or sell call.
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