MITRAJAYA HOLDINGS BERHAD
Observation From Chart:
MITRA is forming Ascending Triangle Pattern.
It current resistant is around RM2.50 & strong support level should be bottom line of the triangle or MA50 support level.
It already retrace down to retest triangle bottom line & now trade at side way.
Most analysts will take a position once the price breaks through the top line of the triangle with increased volume.
However, if break down the bottom line of the triangle, it might be high risk. May consider cut loss & protect capital.
Let watch closely for entry opportunity.
Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
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