FAtTA Value Growth Income Investing

[FAtTA (发达)] Stocks To Watch - NTPM (5066)

pinko4988
Publish date: Thu, 21 Jan 2016, 08:59 AM
Fundamental Analysis plus Technical Analysis (FA+TA) based on VALUE GROWTH INCOME INVESTING... We are DREAM HUNTERS... "Investment Brighten Your Dreams"

NTPM (5066) was trading inside the triangle pattern in the recent sessions and closed just nice at the downtrend line of the triangle pattern on 20/1/2016.

Furthermore, the upward sloping 10-day Moving Average (middle Bollinger Band) is moving parallel with the uptrend line of the triangle pattern.

NTPM Daily Chart
 
With the high than average traded volume and NTPM able to close in green in the latest session, should NTPM is trading inside the zone 4 in the coming trading days, foresee it will strengthen by the bull and move higher to test the all-time-high of MYR0.995 and if the level is violated, the sky is the limit for NTPM.


Good luck and happy trading!
 
 
 
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