CENSOF
- A rallied high stock since 2020-2021 before peaking at RM0.530.
- Retracement lasted for 12 months and have been sideways traded.
- Recent buy accumulation range with stop loss management.
- A need to breakout of its midpoint price action rally point to see a complete transition into bull market price.
(5195) CENSOF
- Recent retracement from its failed quadruple top resistant.
- Price action sustaining its mid term trend formation.
- Pending for price action to trade above its midpoint to trigger price action rally.
- Manage loss management at the retracement zone.
- Strict stop loss at the stop loss noted.
Censof looks bullish with primary wave 4 forming a running flat pattern which normally resulting a high momentum price action.
My long term target shall be 0.85 for primary wave 5 and midterm target is 0.60 for wave 3 of 5.
