I have exited the trade yesterday and locked in profit. It is approaching the resistance at about 5.60.
Also it seems overly extended and MACD is hovering at overbought territory.
Pls dyodd.
Chart wise, bullish mode!
Likely to see further upwards movement.
XD 4TH August. Pay date 9 Sept.
Short term wise, I think likely to rise up to retest 5.59/5.60 again.
A nice breakout smoothly plus good volume that may likely drive the price higher towards 5.75 and above.
Not a call to buy or sell.
Pls dyodd.
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