TEKSENG is technically forming ascending triangle for 2 months now, the strong resistance level is 0.85. If this level broken with a high volume, more potential upside is coming. The projected profit target is 1.05. Expect price may be resisted at 1.00 level. The downside to this is that day to day volume is diminishing and bearish Stochastic crossover was confirmed on Friday. If breakout fail, stop loss level is 0.76.
No comments:
Post a Comment