Among one of our favorite counters, been trading in and out this counter multiple times since it was trading above 0.60 point.
It can be seen that D&O is trying to break 0.765 resistance barrier multiple times with no avail.
A good example of EMA rebound stocks.
Watch out for possible further upside once it breaks the 0.765 level with volume.
The weekly chart shows a trend reversal and since breaking the EMA200 barrier and closing above it since early Nov 19, JTIASA started the day with a gap up following the positive sentiments from a profitable quarter and the recovery from a consecutive 3 Q's losses.
Fundamentally, EPS is now positive after 3 negatives from previous QR's.
Golden cross was achieved...
Looking at the current week, APPASIA has managed to achieve golden cross with the PSAR sits nicely underneath. Volume is going strong and all other indicators showing positive traits.
Looking at the daily and weekly trend, it shows positive sign of a reversal since mid Oct 19 after a long downtrend from early 2018.
If it manages to close and stays above 0.14...