Looking good to continue to trend higher after conquering the recent high of 61.5 ..
MM2 Asia - 25th May 2017
After touching the low of 47.5 cents on 3rd May 2017 it had managed to stage a strong recovery and head higher to touch 61 cents on 19th May. Couple with high volume this is rather bullish.
At this moment, it is taking a breather and may likely continue to trend higher .The current price of 58 cents is still hovering nicely above the SMA lines.
Short term wise, I think it will move up to retest the recent high of 61 cents.
Crossing over with ease + good volume that may propel to drive the share price higher towards 65 then 70 with extension toward 80 cents.
( trade base on your own decision)
No comments:
Post a Comment