CNERGENZ BERHAD
Panjang

Rebound From Support Range!

95
The candlestick pattern indicates the price has rebound from the price support range. Where the price gains momentum towards the R1. Although there was a significant price movement the result in volume is lower than the average volume. Hence, indicate an accumulated phase pattern but suggests that the long-term uptrend remains intact.

The MACD is in a divergence signal, thus, conforming with the candlestick trendline.

Let's save CNERGEN in WL and watch out for significant price movement with the volume above the average volume.

R 0.965
S 0.865

Penafian

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