Observation
1) Trendline - Uptrend- (Bullish)
2) Formed higher low- (Bullish)
3) MACD -Bullish Crossover (Bullish)
4) RSI - Broke above 70% (Bullish) -
5) Sto - going to form bearish Crossover (Potential Bearish)
6) ADX - high momentum and bullish crossover ( Bullish)
7) Candle Stick -2x white candle (Bullish)
1Points
6 Points
Conclusion
Winner BULL
Construction Sector in play and this counter is going to test the next resistance at 2.08
Entry Price 2.11
Resistance 2.37 and 2.45
Support at 1.91
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nice
ReplyDeleteUEM Land’s candles have oscillated within the RM2.10 and RM2.30 level for the past week, but made a breakout yesterday, which has been its major resistance over the past month. Expectedly,its indicators are on the climb and are looking to strengthen further, despite the stochastic nearing the upper limit line.
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