Currently forming ascending triangle pattern and testing resistance @ 0.13.
We can enter immediate trade to ride the higher high @ 0.13 with support at 0.100 (RRR 1:1).
We can also wait for a possible breakout from triangle with TP 0.155, 0.17, 0.19 and 0.22 (Triangle opening).
MACD gives a breakout signal at H4 chart, with RSI showing upward momentum.
Speed: Fast with only 129M shares float (39% of 333M shares)
Sentiment: Bullish energy sector, KLCI window dressing (Dec 2020)
The company is ranked laggard in Industrial Services sector with low market capital. Trading penny stock needs strict risk management and holding power.
TAYOR
We can enter immediate trade to ride the higher high @ 0.13 with support at 0.100 (RRR 1:1).
We can also wait for a possible breakout from triangle with TP 0.155, 0.17, 0.19 and 0.22 (Triangle opening).
MACD gives a breakout signal at H4 chart, with RSI showing upward momentum.
Speed: Fast with only 129M shares float (39% of 333M shares)
Sentiment: Bullish energy sector, KLCI window dressing (Dec 2020)
The company is ranked laggard in Industrial Services sector with low market capital. Trading penny stock needs strict risk management and holding power.
TAYOR