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ellynacci
Nov 15, 2020 10:45 PM

Bullish Long

TIONG NAM LOGISTICS HOLDINGSMYX

Description

A valid downtrend line has been violated in May, followed by a Golden cross in Oct and significant close above resistance in May support our optimistic view. However the price stock could be making price correction from current Fibonacci resistance level, coincides a divergence on MACD histogram.

Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.

Comment

MACD signals losing momentum - bearish alert.

Trade closed: target reached

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