MIECO (5001) - MIECO Is Ready breakup to $0.80/0.830
I am stay bullish on MIECO and forcast it will breakaway from imediate resistence at 0.745/0.755 and heading to $0.80/0.830, the conclusion I make is base on the technical analysis as stated below
The chart below show an Pennent formation and it also had signal every ready breakout. I am pretty much confident it surpasss 0.745/755 and heading to 0.80/0.83
I will buy on tomorrow morning open market, Target prices as 0.80/0.830.
SL is <0 .660="" p="">
I am stay bullish on MIECO and forcast it will breakaway from imediate resistence at 0.745/0.755 and heading to $0.80/0.830, the conclusion I make is base on the technical analysis as stated below
- Hidden divegent formation is comfirm the up-tend will continue.
- RSI was reversing up at above 50, this is very bullish implication.
- Stochastic cross over is given buy signal
- Last Friday contrarian ease away, this will reduce resistance when price is being pushing up
- Monday Open with GAP UP and comfirm with volume incresed, this is very solid evident, this stock is being mark up with LESS SUPPLIER.
The chart below show an Pennent formation and it also had signal every ready breakout. I am pretty much confident it surpasss 0.745/755 and heading to 0.80/0.83
I will buy on tomorrow morning open market, Target prices as 0.80/0.830.
SL is <0 .660="" p="">
