Testing the Resistance - MPHB

Look like MPHB is back in the buying interest in KLSE and  lets have a look into this counter

Observation
1) Resistance/ HH - Broke above the previous higher high at 2.45 and close at 2.49 ( New higher high) and also broke the previous historical resistance of 2.48.
2) MACD - Bullish Crossover ( Bullish signal)
3) RSI - Ascending to 58% ( Bullish)
4) ADX - Slighty bullish with good momentum.

Conclusion
This counter is a good counter to watch for potential profit accumulation
Entry Price - 2.5
Stop Loss - 2.4
Take Profit - 2.61 and more 2.86