From yesterday’s call, we have seen Tat Hong pulled away from the new 0.400 support further and looking to push further today.
Indicators are still looking good.
As long as 0.400 holds now, we are short term bullish.
Mentioned briefly in my note yesterday that from the chart, it has broke above the downward sloping channel resistance line that has formed since beginning of last year.
This may suggest a potential upwards reversal in the making. Let’s see if arrows drawn on chart play out J
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For illustration purpose only