Trend is our friend.
When price is heavy sell down, we should avoid it.
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment...
PTRB (0196): Listed on the ACE Market; Consumer Products & Services, Frozen seafood products
The stock is trading above the MA200 and potentially breakout pennant at RM0.545. The current price is above the green transition Ichimoku Kajun line.
✅Current price: RM0.530
✅Entry: RM0.540 - 0.550
✅Stop Loss: RM0.500
✅Resistance: RM0.54/0.57
✅Technical Target:...
PTRB might complete wedging down once upper trendline is broken for reversal. Price currently rebounding from RBS and i anticipate that it would break the trendline, go sideway a little while and pushing higher to previous 52wh and subsequently ATH. Lets monitor closely. TAYOR.
