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OroticTrader

VELESTO Analysis

Long
VELESTO ENERGY BERHAD (MYX:VELESTO)  
OroticTrader Updated   
MYX:VELESTO   VELESTO ENERGY BERHAD
Trend Analysis Support and Resistance
0
0
trendanalysis supportandresistance
Disclaimer: This is not a buy call but for learning purpose

Technical analysis
  • Still in accumulation phase
  • Volume is OK
  • Potential uptrend continuation
  • RSI & ZL-MACD is above the centerline

    Trading idea (Long term play. Need to hold)
  • Entry price: 0.150
  • Cut loss: 0.135
  • TP1: 0.170
  • TP2: 0.190
  • TP3: 0.210
Trade closed: stop reached
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