Gadang started to move higher again. At the close it added 6 sens (+5%) at Rm1.23.
Technically Gadang should continue to move higher. Hopefully it can open with a gap tomorrow, a run-away gap.
A typical bullish textbook case. An overlapping i-ii-iii-iv-v waves within a channel followed by a breakout and a subsequent pullback to rest on top of the upper resistance line before running away.
Gadang is forming its wave (v) that has 9 sub-waves. My target for wave (v) is Rm1.60.
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