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Naked Chart Trading: ANCOMNY 18 Jun 2024

$ANCOMNY(4758.MY)$ share prices jumped for the second trading day with nearly 3% of gains. Anything going on for this stock? I do like their ESG approach, which I believe ESG will be an important business driver in the furture.
$ANCOMNY(4758.MY)$ Weekly Chart
Naked Chart Trading: ANCOMNY 18 Jun 2024
Long term trend: sideway to higher
Short term trend: Sideway with a triangle pattern, pending breakout
Fibo Analysis (Feb 2022 high to Jul 2022 low): Trade in between 23.6% to 61.8%, and currently test to breakout 61.8%
Resistance: RM1.25, RM1.35, RM1.50
Support: RM1.05, RM0.960, RM0.910, RM0.860
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.
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    Moomoo Malaysia Head of Dealing
    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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