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jameswongg

SAMCHEM: watch out for Fake Strong Uptrend

SAMCHEM HOLDINGS BERHAD (MYX:SAMCHEM)  
jameswongg  
MYX:SAMCHEM   SAMCHEM HOLDINGS BERHAD
Support and Resistance Fibonacci Trend Analysis
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supportandresistance fibonacci trendanalysis
HHHL
Y1<Y2 + fake strong uptrend
No Power Up
WHOG @ 3 >> 1

Very unlikely the price will break previous high.
X2 is way longer than X1.

Either the price will turn sideway, or slowly losing upward strength, then reversal down into downtrend.
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