NaqiuddinAbHadi

TGUAN Pre Q3 QR Analysis

Long
MYX:TGUAN   THONG GUAN INDUSTRIES BHD
Successful breakout of the resistance at RM 3.2 with a closing at RM 3.26 on 18/11/2020.

Price consolidates in the region between 0.786 to 1 of Fibo Retracement for about 10 trading days before huge buying interest came in, with the volume being higher than Vol MA20.

MACD about to perform golden cross, BB seems to be going upwards after a squeeze.
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