Strength in the chart:
2. Breakout and close the gap down
3. Low volume narrow spread bar
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Year 2017 had been great for the metal. But what goes up will go down as well. Downwards movement can be as significant as falling into a long term downtrend stock that is not worth the holding. Or else it could be a correction on the prices to its mean before staging for another wave of uptrend rally.
Kicking into Year 2018, these stocks are rather at a current...
Laburlah Technical Coverage (24-APR, Tuesday):
Technical Analysis Breakdown
1. Trend: V-shape reversal/ bullish
2. RSI: Sideline
3. Stochastic: Retracing
4. Resistance: 5.47/ there's a gap to fill up
5. Support: 4.91
Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your own analysis...