The CUSCAPI buy signal was triggered based on the MRV1 setup at RM0.185, with the closing price on December 20. The target is a 20% increase to RM0.225, with a stop loss of RM0.165. This is expected to take 2–3 months due to the signal being based on the daily timeframe.
The price movement pattern is showing a good higher low after a great deal of downtrend from...
-Since the buy signal sparked in feb 2021, after the long time consolidation period, the stock has formed a top saucer pattern from march through june 2021.
-Stock made a peak in mid march and may before falling and made a rebound respecting the 1/3 speedline that served as a support.
-the recent trading day with the appearance of Marubozu has generated a buy...
CUSCAPI
Rst: 0.30
Spp: 0.24
As per highlighted in morning, the stock has tested support near MA50 as well lower BB area, with substantially strong candle done today, likelihood the upside to continue towards 0.30 is there.
