sothye

PARLO - new 52WH?

Long
MYX:PARLO   PARLO BERHAD
The price has breakout from symmetrical triangle, and rallying uptrend towards the triangle opening (0.82). Volume is increasing gradually, MACD still showing momentum with overbought RSI.

EP 0.660
TP 0.735 (Fibo 1.272 +11%), 0.820 (Triangle opening +23%)
SL 0.585 (-11%)

Speed: Fast with only 131M shares float (36% of 364M shares)
Sentiment: Economic recovery theme (new hope for tourism industry)

TAYOR

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