Target: 1.22 Exit: 0.63 Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
PESTECH Rst: 0.81 Spp: 0.78 Second testing of rounding bottom breakout neckline as new support, the forming of doji candle is early indication support is starting to forge at this level. There’s tendency of forming morning doji and gradually push further to MA200.
MYX:PESTECH SWING: 2 DAYS TO 2 WEEKS Breakout Downtrend Line 52 Weeks High Line Fibbonaci Retracement Candlestick Support & Resistant Zone Trendline Support & Resistant
Price retrace into FTR area and become first time back FTB. From weekly chart, we can see a bullish engulfing which react from FTB and start to move up. @TF H4, price already react at hidden base and start moving up after retrace. TP 1.10 EP : wait for price to retrace back around 0.85 to follow the trend. TAYOR
1. Pestech have catalyst on the Cambodia project completion on 25th April 2. It have sign of consolidation phase end 3. I predict will go up to find next resistance at 1.020
shares price drop back to demand zone(2nd touch) and form bullish engulfing last trading day, potential technical rebound Trading buy and quit after first bearish candle, max first TP 1.350. if company keep getting new contract possible go back to 1.50 level