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PRESTAR ON ELLIOTT'S ABC ZONE

Long
MYX:PRESTAR   PRESTAR RESOURCES BHD
PRESTAR has previously rebounded at 0530 as per Elliot Waves Theory on ABC Corrective Zone on expanded flat, which happens to be the fibo50 from Wave 1 to Wave 5 retracement and has now crossed fibo382. In addition, the price of PRESTAR has crossed the daily pivot point and also a double yearly pivot. To enter trade, the potential EP would be at 4htf pivot point and the CL would be just below the two monthly support as depicted in the chart.

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