Naked Chart Trading: CMSB 13 Jun 2024
Anyone have idea on what boost $CMSB(2852.MY$ since last week? The price spike further for more than 10% today
![Naked Chart Trading: CMSB 13 Jun 2024](https://sgsnsimg.moomoo.com/sns_client_feed/104156408/20240613/230a95a1f43cb8dcf8675879e3755ab7.jpg/big?area=104&is_public=true)
CMSB has huge space to grow if it start a bull trend from here, as the trend is in a sideway to lower trend. Historical high at year 2015 around RM5.10 level, long journey to go so I will aim 2021 high for now.
Long term trend: Sideway to lower
Short term trend: More than 2 years high, testing rebound breakout from sideway
Fibo Analysis (2021 high to 2022 low): Currently testing 38.2% around RM1.40 level, close above RM1.42 to trigger more upside.
Resistance: RM1.40, RM1.60, RM1.70, RM2.10, RM2.30
Support: RM1.10, RM0.960, RM0.890
Disclaimer
This content is for reference only and does not constitute any investment advice, and past performance is not indicative of future performance. Returns will vary, and all investments carry risks, including loss of principal. Please make your own investment decisions.
This content is for reference only and does not constitute any investment advice, and past performance is not indicative of future performance. Returns will vary, and all investments carry risks, including loss of principal. Please make your own investment decisions.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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