Perdana (Zoom Out) - Waiting for another breakout
Previously this stock has made a flag-breakout. And today's opening price has made a gap up by
closing a huge gap on March 20. If today price closes past the trendline, my opinion is that the uptrend to continue the wave 5 may still intact.
closing a huge gap on March 20. If today price closes past the trendline, my opinion is that the uptrend to continue the wave 5 may still intact.
Note
After profit taking on 1st April, yesterday bullish engulfing candle have been formed showing some movement on price and trying to break 0.35 level. Potential to break the trendline are possible due to the increase in volume. And today best buy price are at 0.345 sen. Still waiting for breakout.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.