RETRACING RBS
MUHIBAH 5702- Pure TA POV
Ascending triangle with rising lower trendline, aka VCP
BO with volume
Currently retracing, retest recent resistant, if rebound = RBS
Caution on entry, currently offers good 3-5% risk upon entry
*extra precaution: noticed that this stock is a small cap ( MCAP ~ 552M)
*small cap means more volatile
*low liquidity
Ascending triangle with rising lower trendline, aka VCP
BO with volume
Currently retracing, retest recent resistant, if rebound = RBS
Caution on entry, currently offers good 3-5% risk upon entry
*extra precaution: noticed that this stock is a small cap ( MCAP ~ 552M)
*small cap means more volatile
*low liquidity
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