TeropongBursa

SHORT / MEDIUM TERM - PIE BREAKOUT-PULLBACK-CONTINUE

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MYX:PIE   P.I.E. INDUSTRIAL BHD
PIE a profitable company, has broken out descending triangle chart pattern while RSI is bullish. potential price will attempt R1. If price break above R1, there is potential to reach R2 with sustained momentum. take regular profits, preferably at 50% and 78% from target.

If price failed to break R1, possible it will test S1 and potentially trading sideways.

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