After the major rise towards the end of 2020, Hiap Tek formed a cup with handle chart pattern, but unfortunately, the breakout was unsuccessful. It seems to be completing the formation of Asending Triangle. Let's see if it manage to do a breakout from the ascending triangle.
MACD indicator showing a potential golden cross could be an indication of a potential breakout.
Disclaimer:
This is by no means a buy call. Please consult your financial advisor for any investment decision.
MACD indicator showing a potential golden cross could be an indication of a potential breakout.
Disclaimer:
This is by no means a buy call. Please consult your financial advisor for any investment decision.