fightingdragons

LEONG HUP INT: Nearing end of accumulation, pending breakout

Long
MYX:LHI   LEONG HUP INTERNATIONAL BERHAD
VCP pattern with reduced volatility over the past 8 months. Possible breakout to the upside as trading price narrows towards the pennant tip
Comment: Breakout on 2nd June with backtest of new support on 3 and 4 June. Expect it to head higher soon with next resistance at 0.85 and 0.96

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