CAREPLUS GROUP BERHAD
Long

CAREPLS - No brainer, Buy the dip

383
WEEKLY

Buy the dip, Careplus is wel supported in the bullish pennant
Is careplus still in trent ? ABSOLUTELY
Weekly shows that price always rebound within the pennant
Ignore daily price fluctuation

Trade within the pennant, Price is within the demand zone.

Specifically for careplus sector, The trend is still intact, RSI has yet to cross below 50 mark. Which means, the trend is still intact, simillar to MACD.
Buy when MACD histogram shows a good sign for the dip. Look out for this week

a total of 8 weeks downtrend, 8 weeks of FEAR


Demand zone: 2.50
Stronger demand zone: 1.90

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