CAPITAL A BERHADLong
CAPITAL A - Uptrend may extend ?
CAPITAL A - Current price RM1.00
The stock is UPTREND because :
i) Price is above EMA 50 & 200
ii) Price is above ICHIMOKU CLOUD
iii) The high is getting higher and the low is getting higher
Based on ICHIMOKU CHART technique, today price made a breakout above CHIKOU SPAN resistance (RM0.990 - light blue resistance line).Technically it is a buy signal.
Price target : RM1.12 (the high of 17 August 2023)
Support 1 : RM0.950 (Aggresive Trader)
Support 2 : EMA 50 may acts as support level (Conservative Trader)
The stock is UPTREND because :
i) Price is above EMA 50 & 200
ii) Price is above ICHIMOKU CLOUD
iii) The high is getting higher and the low is getting higher
Based on ICHIMOKU CHART technique, today price made a breakout above CHIKOU SPAN resistance (RM0.990 - light blue resistance line).Technically it is a buy signal.
Price target : RM1.12 (the high of 17 August 2023)
Support 1 : RM0.950 (Aggresive Trader)
Support 2 : EMA 50 may acts as support level (Conservative Trader)
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