MALAYSIA SMELTING CORPORATIONAggiornato A possible challenge to its ATH?
BUY
- Best entry was at around 2.36 after it broke the base after the previous hike
- If it’s able to sustain around 2.6 – there is a possible entry to challenge the previous resistance
- Doji indicates uncertainty – give the stock a few days to find direction
SELL
- Nail down profits around ATH to protect the profits
RATIONALE
- An overall healthy uptrend
- Healthy daily and weakly charts
- Strong buying interest within the last few days
- Rebounded nicely in the last two days after it touched 2.53
- Give a few more days for clearer direction
**the analysis is solely for my own references and learning
- Best entry was at around 2.36 after it broke the base after the previous hike
- If it’s able to sustain around 2.6 – there is a possible entry to challenge the previous resistance
- Doji indicates uncertainty – give the stock a few days to find direction
SELL
- Nail down profits around ATH to protect the profits
RATIONALE
- An overall healthy uptrend
- Healthy daily and weakly charts
- Strong buying interest within the last few days
- Rebounded nicely in the last two days after it touched 2.53
- Give a few more days for clearer direction
**the analysis is solely for my own references and learning
Nota
healthy uptrend
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.