1. Re-accumulation stage
- pull back from previous mark-up stage
- sideway with decreasing volume
- narrow spread bar and SP signal formed a good support around 1.785
2. Potential mark-up stage
-increasing volume with wide spread bar
- Green Pentagon reappeared indicate increasing momentum from smart money
- well-supported above 20 MA
- 20/40 MA golden cross overr
- monitor for continuation of momentum above 20 MA
- Potentially challenging previous UT resistance at 2.38 soon
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Disclaimer: This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock