Sector : industrial products.Fundamentally strong company.Tecnically forming cup and handle pattern.Price just broke up the handle,but in low volume.Watchout any follow up upward price movement with high volume to confirm uptrend.
Pre Consolidation Breakout Setup.
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Please consider your own interpretation of Opportunity & Risk. The author of this post strictly follows the Malaysian Security Commission ( SC ) Guidelines on the prohibition of Investment Advice by unlicensed parties. Any examples shall use historical charts without any...
This counter keep making new HL and HH.
The trend is still bullish.
MACD is ideal as still uptrending, green candle formed and maintained above 0.
The highest resistance is 0.915. Set your own TP, CL and EP.
This makes us wonder what the fourth quarter results will be like, considering the company already did so well under challenging conditions. Based on notes to Bursa Malaysia, the management of Dancomech seem pretty confident with the company's ability to maintain this momentum. Management said that the good results were helped by MTL (the newly acquired 70%-owned...
Due to pandemic Covid-19, the stocks are falling. And some they are only a few days falling. A short term target for buying Long Danco. Foresee target Danco will go to 0.385 - 0.395 region before back to 0.30 . If resistance is break consider a long target up to 0.45-0.455
This is just an analysis market and not a investment guide.