shafiqbazli

PRICE ON TRENDLINE SUPPORT

MYX:WIDAD   WIDAD GROUP BERHAD
The price did a pullback for the previous one month and had retraced just nicely on trendline support. Heiken Ashi just turned green on last Friday as well as Parabolic SAR on daily timeframe had shown its first buy signal which indicates a reversal in near term from downtrend to uptrend will take place. Ride the trend until it bends. Price will try to break its 52w high @ RM0.68, let's see how it goes. Cutloss 3-5% below trendline. (Just a trading idea)

Penafian

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