OPENSYS (M) BHDPanjang
OPENSYS (20/11/2020) towards ATH ?
The counter is riding major uptrend channel, and looks like forming an ascending triangle pattern. In H1, it shows a high volume which pushes the price up during last hour Friday (20-Sept), and looks like momentum will continue on Monday with Stochastic crossing up.
Resistance zone is around 0.680-0.715. Breakout of this zone could set OPENSYS to a new ATH journey with TP 0.765, 0.880, 0.975 with RRR 1:1.3. Failed to break 0.680 would bring the price to test support at 0.6 and 0.515.
The stock has small balance float (38% of 446M shares) about the same with its competitor like EFORCE (43% of 615M shares) or OMESTI (29% of 531M shares). This adds some speed factor to its price movement.
TAYOR
Resistance zone is around 0.680-0.715. Breakout of this zone could set OPENSYS to a new ATH journey with TP 0.765, 0.880, 0.975 with RRR 1:1.3. Failed to break 0.680 would bring the price to test support at 0.6 and 0.515.
The stock has small balance float (38% of 446M shares) about the same with its competitor like EFORCE (43% of 615M shares) or OMESTI (29% of 531M shares). This adds some speed factor to its price movement.
TAYOR
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.