Malaysia Smelting Corp. Bhd.
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A possible challenge to its ATH?

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BUY
- Best entry was at around 2.36 after it broke the base after the previous hike
- If it’s able to sustain around 2.6 – there is a possible entry to challenge the previous resistance
- Doji indicates uncertainty – give the stock a few days to find direction

SELL
- Nail down profits around ATH to protect the profits

RATIONALE
- An overall healthy uptrend
- Healthy daily and weakly charts
- Strong buying interest within the last few days
- Rebounded nicely in the last two days after it touched 2.53
- Give a few more days for clearer direction

**the analysis is solely for my own references and learning
Nota
healthy uptrend

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.