IWCITY
Rst: 0.72
Spp: 0.63
Extremely strong candle emerged above upper BB but has already overdone since it emerged from narrow BB. Not encourage to chase unless it falls back to upper BB.
(1589) IWCITY
Bullish Uptrend formation since January 2019.
Bullish uptrend remains intact with no violation on support.
Target Price at RM1.25
Stop Loss below RM0.960
Laburlah's Daily Complimentary (30-MAR, Friday):
IWCITY
Technical Analysis Breakdown
1. Trend: Bearish
2. RSI & Stochastic: Bearish
3. Bollinger band: Sign of widening/ further bear
4. Risk: Breach MA200
5. Next support: 0.725
Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your own...
