Siti Nur Nadhirah Mohd Roslen
Trend: Uptrend line with resistance at 16.26 and support at 14.83.
Indicator: Parallel channel which shows price keeps traded in the channel. Even though there is a breakout, the price maybe turn back trading in the channel area. This can be support by On Balance Volume indicator where it shows the trend is still in uptrend.
Projection: TENAGA will trade between 16.26 and 14.83 until it breaks the support again.
Trend: Uptrend line with resistance at 16.26 and support at 14.83.
Indicator: Parallel channel which shows price keeps traded in the channel. Even though there is a breakout, the price maybe turn back trading in the channel area. This can be support by On Balance Volume indicator where it shows the trend is still in uptrend.
Projection: TENAGA will trade between 16.26 and 14.83 until it breaks the support again.