Naked Chart Trading: CRESNDO 28 Jun 2024
$CRESNDO (6718.MY)$ net profit for the 1QFY2025 surged to RM289.03 million from RM13.2 million in 1QFY2024, due to land sales for a data centre in Nusa Cemerlang Industrial Park in Johor.
Long term trend: Bullish
Short term trend: Bullish, close above RM3.95 to trigger more upside
Fibo Analysis ( Feb 2024 low to Apr 2024 high): Consolidation and retest previous high of RM3.95, close below 61.8% around RM3.28 to trigger more downside
Resistance: RM4.25, RM4.50, RM4.65, RM4.85
Support: RM3.28, RM3.10, RM2.95, RM2.70
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: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Trading is a mirror that reflects everything about myself
交易就是一面反映自身一切的镜子
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Passive trader : seems to be testing the resistance level of 3.8 and if it breaks this level, will have some nice upside