Chronicom

#bplant A leader in plantation stocks

Long
MYX:BPLANT   None
A leader in plantations counter.

After a swing high of 66 cents from covid low, a buying climax is seen with subsequent change of stride. A change in character ensues with subsequent range formation. The range has reaccumulation bias as prices expands with each rallies and contracts with reactions. A number 2 fear is seen however series of higher high and higher lows confirms phase c and later d. the gap up in phase d has been closed and currently the stock is in phase d. With a major backing up action near a previously supply resistant becomes support, a good trading setup appears giving a 3 to 1 risk to ratio payout.
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