PRESTAR
Theme: Steel
Rst: 1.22
Spp: MA50
Forging its immediate support at MA50 trendline, sustaining at this point is critical to help resume the stock uptrend
Volume overtake. If CS close above 1.22, expected to TP at 1.28.
The technical analysis is just an idea for educational purpose only.
Disclaimer: Trade/Buy at your own risk.
Observation (12/4):
Prestar Resources is one of the construction Companies that is involved in the newly revised ECRL project, supplying guardrails for the project. Just like Benalec, the stock has been on a Downtrend for a long time. Based on analysis at the following Pointer:
A) Price break above Resistance (68sen). However, the next bar price close lower...
