- Quick fundamental reviews (2 last quarters) o Revenue : Positive and increasing - 100 % o Net Profit : Positive and increasing - 100 % o ROE : Positive and increasing - 100 % o Overall Fundamental Score : 100%
- Quick technical reviews o Trend : Uptrend above SMA 20, 50 & 200 - 100% o Pattern : Clear continuation pattern - 100% o Support : New RBS just formed after price breakout – 100% o Resistance : Testing new resistance at 1.490 (R1) – 50% o Overall Technical Score : 87.5%
- Observation: Price had breakout upper trend line pattern however without strong volume. Hence, price seems to be uncertain to go higher - Opinion: Price will need to penetrate R1 if not will drop to horizontal support at 1.420
Commento
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Price unable to breakout R1 and possibly will pullback to S1 at 1.420