Naked Chart Trading: TM 12 Jun 2024
$TM (4863.BMS)$ , another AI development related player, breaking another fresh record high today, where will it heading next?
$TM (4863.BMS)$ Daily Chart
![Naked Chart Trading: TM 12 Jun 2024](https://sgsnsimg.moomoo.com/sns_client_feed/104156408/20240612/279906cae4b59f89e87a0116a5342c98.jpg/big?area=104&is_public=true)
Long term trend: Bullish
Short term trend: Bullish, but watch out for potential overbought correction
Fibo Analysis (Apr 2024 low to May 2024 high): Fibo extension showing that the price is current testing 138.2% to 161.8%
Resistance: RM6.80, RM6.90, RM7, RM7.20
Support: RM6.60, RM6.10, RM5.80
Any overbought correction from here may retest RM6.10-RM6.40 level
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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