Titan Trading wrote a post · Dec 27, 2023 14:39

MINOX: Ripe for Uptrend?

$MINOX (0288.MY)$ had been retracing over the past 2 months here since its debut around the RM 0.35+ regions.

Formed a double bottom trend reversal pattern on its RM 0.25 major support regions and broke out recently from its RM 0.265 main downtrend resistance.

Had been able to hold above the RM 0.28 immediate support over the past few days here. If able to sustain, can it breakout towards and beyond the RM 0.30+ resistance levels soon?

Support: RM 0.28, RM 0.27, RM 0.25 areas

Resistance: RM 0.30, RM 0.315, RM 0.33 areas