STOCK TRADING : 10) kotra industries- 20 jewels malaysia stocks

THIS IS TRADE 95) FRM HAIDOJO TRADING...
-top 20 jewels frm a very popular local bank...

-technical : let's look at some price action...
kotra industries has been in uptrend ever since 2012…so now it is still in uptrend and the trend is not broken yet…
recent move, kontra has shown a “sharp knife” top and now is under consolidation…might retest as low as RM2.45-2.20…the green region…
a breakout frm current RM2.80 resistance might trigger a new round of uptrend
current support : RM2.66
lower support : RM2.20-2.43
resistance : RM3.00-3.30 new high

Overall, kontra industries is still in tandem with its uptrend momentum…thr is no signal indicating the otherwise….so definitely worth looking at ….
WARNING : this is juz a trading idea...trade at your own risk!

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