Mulpha : Triangle pattern, MACD is poised for a positive crossover while RSI has hooked upward.
If prices can take out the 50.5 sen resistance trend line soon, there is a good chance for it to reach 55 sen and possibly even 59 sen next.
As long as prices stay above its recent low of 46.5 sen, the bulls seem to have the upper hand here. Be quick to cut loss if this level is breached.
No comments:
Post a Comment