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UCHITEC Look for Pullback Signal

MYX:UCHITEC   UCHI TECHNOLOGIES BHD
UCHITEC Look for Pullback Signal

UCHITEC is expected to rebound within Fibonacci Retracement 78.6% (3.17) area. Then, will continue to find the next resistance at R1 = 3.57. If the price close above R1, the next resistance will be R2 = 4.73. If volume overtake then a good sign for UCHITEC to fly high.

Time-Frame: TF(1W)
CP: 3.22
MACD Mode: Uptrend, bullish
Stochastic: Bearish

This is not a buy call but just an idea for educational purpose only.

Disclaimer: Trade at Your Own Risk (TAYOR)
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