[%JqWY%] - Trade Idea

Seems like KYM has been a hot stock in the recent weeks, as the price successfully broke the resistance in the purple box. The volume has also increase gradually in the bull-run from from 0.43 sen to 0.77 sen for now. 

Today, the price corrected for 8.28%, exact at its first fibonacci sequence, 0.236. Remember that the fibonacci lines also represent support? I think currently the price is in progress making more solid support in the area, as three break-down on support have not been successful. 

If you are trying to make this trade, lets see if the 0.236 fibo holds. Otherwise, waiting at fibo 0.382 will be a good entry point predicting that it will make a new high.

$KLSE-KYM - Trade Idea

Seems like KYM has been a hot stock in the recent weeks, as the price successfully broke the resistance in the purple box. The volume has also increase gradually in the bull-run from from 0.43 sen to 0.77 sen for now. 

Today, the price corrected for 8.28%, exact at its first fibonacci sequence, 0.236. Remember that the fibonacci lines also represent support? I think currently the price is in progress making more solid support in the area, as three break-down on support have not been successful. 

If you are trying to make this trade, lets see if the 0.236 fibo holds. Otherwise, waiting at fibo 0.382 will be a good entry point predicting that it will make a new high.