ShareWorldConsulting

{SWC}—— KHEESAN, Stands Firm Above MA!

Long
MYX:KHEESAN   KHEE SAN BHD
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Strategy: Moving Average Strategy (MA)

Comment: Currently MA5 cross MA10, forming short term uptrend. In addition, the share price is currently standing above Bollinger Band Mid Band, which acts as MA 20.
Earlier, the share price has broken the downtrend line, which shows increasing momentum.
SWC believes if the share price is well supported above the moving averages, there should be a positive movement in near term.

Resistance: 0.450, 0.475
Support: 0.415

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Trade closed: target reached:
RM0.475 target reached within 4 days!
Congrats everyone who followed and profited :)
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