jerret

Astino Technical Analysis

jerret
Publish date: Sat, 11 May 2024, 09:15 AM

1. Astino price now in continuation triangle pattern, once price breakthrough triangle pattern, uptrend price will persist, estimated price will         be 10 sen higher ie 75 sen

2. Astino price now aboe 5, 30, 50, 200 day  moving average line,  10 day MA is equal to current price

3.  Volume profile pivot price will be 61 sen

4.  MACD is above 0, waiting golden cross signal 

5. MFI in moderate mode ie  54

6. RSI is quite strong ie 57


Conclusion :  Economies start moving after administration of PMX, big project like HSR, data centre, AI from Microsoft, Renewable  Energy, LRT penang, KLCI hovering 1600, all big infrastructure need building material support, Construction stock already moving, building material stock will come in tandem....


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