ellynacci

Bullish Breakout

Long
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MYX:BIMB   BANK ISLAM MALAYSIA BERHAD
BIMB has recently closed above resistance at 3.80 preceded by a Golden cross, significant move above downtrend line and a valid double bottom which confirmed a trend change from May 2019 collapse. Technically, it will continue rising higher to the next resistance, coincide Fibonacci target 1.618 at 4.45.

Minimum target 4.45
Exit - Close below 3.0

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