ellynacci

MYDIY - Bullish continuation

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MYX:MRDIY   MR D.I.Y. GROUP (M) BERHAD
Momentum building up seen on MACD histogram coincide MACD buy signal above zero level. Our view is still Bullish as the stock is trading above the uptrend line, breaking a Pennant with a strong Bullish candle as continuation buy signal. The stock could be reaching Fibonacci resistance at 2.79 before making the next correction/reversal.

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