Zyke42

ULICORP - Rounded Bottom Completed, Breakout Soon ?

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MYX:ULICORP   UNITED U-LI CORPORATION BHD
ULICORP - Continuation of Buy on Dip setup , Rounded Bottom Completed.

Formation of Bullish 3 White Soldiers , Short term Reversal confirmation
MCDX + Golden Cross & Banker Strong
FiFt , Stochastic RSI all showing strong upward signals with good volume
Impending breakout

Possible movements :

Positive View -
Cup and Handle formation - Pullback and form handle
Parabolic Breakout - Retest double top

Negative View -
Cutloss/Stoploss below support

Points of Interest :

R1 1.200
R2 1.300
R3 1.480 (Breakout)
R4 1.600 (Double Top)

S1 1.060
S2 1.000

t.me/ZykeTradingChannel
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