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{SWC}——KRONO, Bullish Engulfing!

Long
MYX:KRONO   KRONOLOGI ASIA BERHAD
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Strategy: Price-Volume Analysis

Bias: Bullish. KRONO has made a successful triangle breakout with volume today, after well supported on the uptrend line and short term MA line.
SWC's private group members were informed over the weekend that KRONO is reaching MA support zone and should take note!

KRONO has formed bullish engulfing candlestick pattern too.

SWC expects there will be more momentum generated following the breakout, where positive movement should be seen at near term.

S: 0.880, 0.865
R: 0.935, 0.950

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