The stock is UPTREND because : i) Price is above EMA 50 & 200 ii) Price is above ICHIMOKU CLOUD iii) The high is getting higher and the low is getting higher
Based on ICHIMOKU CHART technique, today price made a breakout above CHIKOU SPAN resistance (RM0.990 - light blue resistance line).Technically it is a buy signal.
Price target : RM1.12 (the high of 17 August 2023) Support 1 : RM0.950 (Aggresive Trader) Support 2 : EMA 50 may acts as support level (Conservative Trader)
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