We notice a price breakout above the Symmetrical Triangle, hence we are optimist on further bullish movement towards minimum target at 0.945, followed by 1.08 if the buying momentum still persist. Nearest support is seen at 0.58.
Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only
Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only
Note
Please take note that the company had proposed for renounceable Right Issue on Dec 2020. Objective: To repay bank borrowings.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.