Sunway did broke the 2.54 with a big white candle stick up to 2.74 and then retrace and rested on the 2.61 level.. Now it look like it has completed its fuel stop and start to rev up it engine again towards the 2.97 goal.
Observation
Observation
1) Trendline - Uptrend Bullish
2) Formed higher high- Bullish
3) MACD - Formed 4R1G ( Bullish Signal)
4) RSI - Going towards 70% ( Undetermined)
5) Sto - Formed bullish crossover and U Turn towards 50%( Bullish)
6) ADX - strong momentum and bullish
7) Candle Stick - Formed a while candle after Dragon Doji( weak Bullish)
8) Volume Distribution - Selling pressure are pretty intense in the 50-150k but good buy up in the last hour (Bullish with cautious because some big shark are throwing)
0 Points
7 Points
Conclusion
Winner BULL
Symmetrical Triangle Detected
Entry Price 2.68
Take Profit at 2.75 and 2.97
Support at 2.6
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