KIAN JOO maintain at the support and waiting to rebound

Kian Joo Maintaining at the support line and waiting to rebound from the support with incredible profit gap between the resistance and support

Observation
1) Trendline - Uptrend Bullish
2) Formed higher high- Bullish
3) MACD - Broke above 0 and uptrend( Bullish )
4) RSI -Broke above 70%  ( Bullish )
5) Sto - Broke below 80% and formed bearish crossover ( Bearish)
6) ADX - good momentum and bullish ( bullish )
7) Candle Stick -Hammer on the support 2x (slight bullish )
8) Volume Distribution - High buying with high volume from the retail investor ( Bullish)

  1 Points

         7 Points







Conclusion

Winner BULL

Showing sign of rebound on the support which rebounded on the support 2x with hammer candlestick

Entry Price 2.17
Resistance at 2.31
Support at 2.1




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