Our discipline of keeping the STOP LOSS and not affected by emotion has paid off well. The price has rebounded once it hits the 23.6% Retracement Level. The next level resistance is at RM1.85 - the previous congested area. Expect some fight in order to progress further. Trail your STOP LOSS to RM1.80 if you’re less aggressive trader. Stick to the RM1.65 if you have higher risk profile.
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David Kong
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