Potential Buy Call Stock Pick - UEMLAND

Manage to analyze this UEMLAND which just sparkle in front of my eyes....

Observation
1) Trend Line- Broke the downtrend line and heading towards up
2) HH - Formed higher low at 2.65 compared to previous higher low at 2.36
3) MACD - 4R1G shown at Jan 31 - Start of Bullish Run
4) RSI - Rebound at 30% on Jan 31 and now at 37% ( Start of Bullish Run)
5) ADX - Slighty above average momentum with Bullish
6) Fibonnaci - Since there is no historical high for this counter above RM3.4, we use the Fibonnaci Retracement to plot this.. Now rebound at 23.7%  strong support line with RSI/MACD rebound


Conclusion
Buy Call
Entry Price - 2.9 with volume above 14M units
Stop Loss - 2.7 ( If you have enter at 2.9)
Take Profit - 3.4 (R1) - 10% gain , 3.65 (R2) 18% Gain

This is pretty potential because it rebounded at the lowest support line and with bullish sentiment the profit is pretty high..


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