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leonggw
Apr 6, 2021 6:54 PM

Up or Down, let see 

WIDAD GROUP BERHADMYX

Description

This is a very interesting stock, which it had been dropped 50% for 3 months in early 2021. And starting to rebound and dropped and rebounded.

By seeing the rebound pattern, it has formed a triangle which trend direction is still unclear. But the graph may bound inside the triangle forming top breakout, or dropped lower.

EMA 120 shows 0.565-0.570 which separating the direction of the trend.

It is interesting to keep in view.

Trade closed manually

If it is out from the gradient, it is no longer following the pattern. Shall wait for another support.
Comments
whistleblower99
thanks for your notes. Whats your TP?
leonggw
@chandru187, for short term may be 0.565 as according to EMA120, if it is moving strong, try 0.595.
whistleblower99
@leonggw, ok thank you
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