A good entry would be near the support, around 26c region. The company IT Segment is doing pretty well and only the oil and gas division is under-performing. Might be a better quarter ahead when global oil prices improves.
Strength in the chart:
1. Up-Thrust volume getting lower
2. Line Change after spring bars
Send us your preference stock to review based on TradeVSA chart by comment at below.
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Laburlah's Daily Complimentary (19-MAR, Monday):
Technical Analysis Breakdown
1. Trend: Bearish
2. RSI & Stochastic: Reversing
3. MA20 & 50: Sloping downward
4. Resistance: 0.445
5. Support: 0.40
Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your own analysis before making your move.