TEKSENG (7200): Bullish

Pattern: Breaking Out From A Bullish Flag Plus A Double Bottom

Based on TEKSENG's weekly chart above, we can notice that TEKSENG rebounded from a resistance-turned-support line at 0.65 with high volume.

On the daily chart above, TEKSENG forms a double bottom and broke out from those two downtrend lines. The first entry will be the bullish candle breakout 10 days ago. If you missed it, it is currently breaking out from a bullish flag with decent volume. The projected target price is 0.95, which is just below the overhead resistance as marked in a red box.

I stay bullish on TEKSENG as long as it is above 0.75.

Leave me a comment below and let me know what you think. If you have any queries or want to share the next big stock with me, feel free to contact me via my email or FB page below.

Topics That You Do Not Want To Miss

How to determine the "bullishness" of the patterns- https://www.facebook.com/BursaSGXcandlestick/videos/378260995905662/

The Trade Management Technique You Need To Know - http://klse.i3investor.com/blogs/candlestick/114496.jsp

Best Way To Learn To Trade Without A Mentor - http://klse.i3investor.com/blogs/candlestick/113821.jsp

Entry Setup Illustration - http://klse.i3investor.com/blogs/candlestick/113605.jsp

Stop Loss & Safe Trading - http://klse.i3investor.com/blogs/candlestick/113510.jsp

Position Sizing - http://klse.i3investor.com/blogs/candlestick/113061.jsp

Come Up With Trading Ideas & Turn Them Into Investing Ideas - http://klse.i3investor.com/blogs/candlestick/114110.jsp

Cheers,

Ming Jong

Get Update From ==> http://www.vipplatform.com/lp/ideas/

& FB page ==> https://www.facebook.com/BursaSGXcandlestick/

Telegram Channel ==> https://t.me/BursaSGXCandlestick

Contact Via Email ==>