RGTBHDLast week (27/11/2020) RGTBHD closed at the Uptrend line support level. It is very interesting for us to wait and see next week to ensure the Validity and strength of the support. We can say that RGTBHD is doing a "correction" of the price at around RM 0.610 - RM 0.615. Thus, it clearly shows that it is a healthy price uptrend.
If there is a rebound at the support level, this means that RGTBHD is still following the "laws of nature" of the MARK-UP Phase.
Very good bullish pattern if you look at the RGTBHD chart where there are:
- New High High, New High Low.
- Re-Accumulation
- Price remains above Moving Average 50 (MA50)
- Several rebounds at the Uptrend Line support level
That's all the sharing of ideas about RGTBHD. Thank you.
DISCLAIMER: THIS IS NOT A BUY / SELL CALL. FOR LEARNING ONLY
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