aresleo

WILL IT BREAKS THE RESISTANCE AT 0.555?

Long
MYX:PUNCAK   PUNCAK NIAGA HOLDINGS BHD
1)ADX > 25 Di+ > Di-
2)Fib retracement level 0.5 (0.470 cents)
3)Net volume still bullish but is dropping.
4)Smart money is still hot. Possibly will gap up.
5)above 200 ema. Still bullish.

Based on my technical analysis. It is still in bullish position with a bit of retracement from 0.555 to 0.470. Smart money is still in puncak and possibly will break 0.555 and move higher.

p/s: this is not a buy or sell call. I'm simply sharing my studies. Decide your entry or exit at your own risk!
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