Analysis is based on chart pattern and fundamental of the company.
Technical:
Price is forming an inverted head and shoulder on monthly timeframe, Price also making a slow retracement towards the point of interest (left shoulder). Currently, price have shown a bullish momentum and making a new trough on weekly timeframe. We shall monitor if price breaks daily and weekly resistance level. This will be our confirmation for our entry when the price retraces.
Fundamental:
The company is expected to be launching a new flagship phone this year. This may be a good sentiment towards the company given branding of the company is already well exposed to the world. We shall monitor the earning reports from this new launch.
Technical:
Price is forming an inverted head and shoulder on monthly timeframe, Price also making a slow retracement towards the point of interest (left shoulder). Currently, price have shown a bullish momentum and making a new trough on weekly timeframe. We shall monitor if price breaks daily and weekly resistance level. This will be our confirmation for our entry when the price retraces.
Fundamental:
The company is expected to be launching a new flagship phone this year. This may be a good sentiment towards the company given branding of the company is already well exposed to the world. We shall monitor the earning reports from this new launch.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.