DAILY 10/2/2021:
Breakout : 52 Weeks New High
Market Stage : Permulaan Uptrend
EMA : Baru nak diverge. Price > Ema20 > Ema50 > Ema200
Breakout Volume : 10x Ganda
Nilai Dagangan Breakout : Rm25M
Pattern : Cup & Handle
Breakout : 52 Weeks New High
Market Stage : Permulaan Uptrend
EMA : Baru nak diverge. Price > Ema20 > Ema50 > Ema200
Breakout Volume : 10x Ganda
Nilai Dagangan Breakout : Rm25M
Pattern : Cup & Handle
Comment:
TCS has been trading above its upward sloping 20-Day Moving Average which is a good sign. It is important to calculate the risk/reward as the recent upward movement has pushed the price to be quite far from the support level of 0.59.