Target price of 1.82 based on fibo extension. EPF hold price around 1.58 for several weeks. Not fast money but good long term counter.
finalised TA when combined ew counts of weekly tf with daily tf. target ZZ pattern for subwave A
target next wave A for ZIGZAG pattern on time frame weekly, correction wave B already seen completed with expected to do Running Flat pattern for weekly tf.
touch wave 5 pada fibo 1.618 monitor dekat whether will rebound or continue correction due to technology sector.
the trend setup shown good basis for entry price. the TP and CL as per stated in graph. however, due to market & covid situation, hardly to say the timeframe for TP. trade at your risk & trading plan
Daily candles indicates a box trading opportunity between 1.71 up until 2.10. should the price break the DTL, 2.10 is the next target. Any uprise in the price must be supported with good volume. Stoch is at the oversold zone with a positif sign to make a reversal. TAYOR
ctos move quite slow nto suitable for who fast trading still in downtrend wait until making HL TAYOR
Using Supply and demand analysis, looking that CTOS price are near to demand area which between RM 1.9~1.86 already completed dividen exdate. expected to sideway until near end nov before able to BO at Supply zone at area of RM2.
CTOS nearest TP RM2.12. Refer to my parallels channel
Sector : software.Established company,new listed stock to watch out.maybe can be next greatech?