MUHIBAH - Downtrend after lower high detected

With good news from Dow Jones and positive KLSE index today but this counter could not move up.. Something is wrong with htis counter

1) Downtrend line ( Bearish)
2) Lower high  (Bearish)
3) MACD - 4G2R ( Bearish)
4) RSI - Starting to reverse from 50 % ( Bearish)
5) Sto - Bearish Crossover and go below 50% ( Bearish)

Those who are holding this counter better beware

Stop Loss at 1.29
Entry - 1.43  ( If reversal)
Take Profit at 1.55

Muhibah - Reversal Sign Detected

This counter might potential go up after a few good indicators

1) Candlestick - Bullish Engulfing
2) RSI broke 30%
3) Sto Broke 20%
4) MACD 4R1G

Entry price at 1.44
Take Profit at 1.55 and 1.61
Stop loss at 1.3

MUHIBAH

Observation
1) Trendline - Downtrend (Bearish)
2) Formed Lower Low ( Bearish)
3) MACD - Bearish
4) RSI - Below Oversold Region (Bearish) and wait for the signal to break 30% for bullish reversal
5) Sto - Bullish Crossover ( Bullish)
6) ADX - Strong Momentum and Bearish
7) Candlestick - Bullish Harami ( Bullish)

Conclusion
Counter Trend Strategy
Entry Price - 1.54
Stop Loss -1.45
Take Proft - 1.63(R1) and 1.93 (R2)

RRR Factor
a ) 1.63 (R1)
RRR = 1.29

b) 1.93 (R2)
RRR = 5.57