Based on weekly chart, CYPARK formed a bullish harami pattern with volume. In addition, the pattern is formed just above MA50 (support level) and there is a potential that the stock may rebound from the oversold region. Meanwhile, on day chart, the price rebound from MA200 (support level) after consolidate at that level for 5 days. This shows that the support is strong enough to prevent the price from going down further. So, I think CYPARK have possibility to start moving higher soon.
Catatan
Today, Cypark break the resistance and closed at RM0.705. Right now, the stock near to break MA50.Catatan
Yesterday, CYPARK move higher and close at RM0.735 and break MA50 on daily chart.
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.