Stock Picks Of The Day – Engtex, Crescendo Corp
Stock Picks Of The Day – Engtex, Crescendo Corp
Engtex is eyeing to stage a bullish breakout by testing the immediate resistance.
Engtex打算通过测试直接阻力位来实现看涨突破。
The stock printed a bullish candlestick and closed above the 21-day SMA line, showing that the bullish momentum is gaining traction.
该股出现看涨K线并收于21天均线上方，这表明看涨势头正在增强。
If it breaks past the MYR1.16 resistance, a bullish bias will emerge.
如果突破MYR1.16阻力位，将出现看涨偏见。
The momentum may propel the counter towards MYR1.21, followed by the MYR1.28 level.
这一势头可能会推动该货币对上涨至1.21令吉的水平，然后是1.28令吉的水平。
On the contrary, falling below the MYR1.08 support opens the door for downward movements.
相反，跌破1.08令吉的支撑位为向下走势打开了大门。
Crescendo Corp is poised to resume the upside movement after staging a bullish breakout.
在进行看涨突破后，Crescendo Corp有望恢复上行走势。
The counter jumped above the MYR3.88 resistance on the back of strong volume, showing that the bullish momentum is now increasing speed.
在成交量强劲的背景下，该反弹跳升至3.88令吉的阻力位上方，这表明看涨势头正在加快。
Riding on the renewed momentum, the stock is eyeing to test the next resistance at MYR4.25, followed by the MYR4.50 level.
凭借新的势头，该股打算测试下一个阻力位4.25马币，其次是4.50令吉的水平。
However, a breach below the MYR3.60 support will negate the bullish setup.
但是，跌破MYR3.60支撑位将否定看涨格局。