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Writer's pictureHONG WEI GIET

VITROX (0097) - follow up on technical analysis only.


https://www.tradingview.com/x/zcmRCmST

Note

  1. As per 05/08/2017 chart analysis, VITROX moved as per prediction.

  2. RSI/MACD moving downward with 45 degree which showed market already reflex and suit themselves with Bonus Issues news.

  3. Candlestick dated 11/08/2017 which showed a long bearish tail (Bearish tail longer than candlestick body at least 45% onward) indicated there is buying force to support the share price.

  4. Safe zone enter : Buy in 4.29 / Cut 4.15


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