1) Price need to stay above Fibo fan 61.8%.. if not, looking for lower support..
2) Price move above support line (SBR).. which means price moves above RM6.02 (pass 38.2% fibo retracement).
3) if this happen, expecting price to swing up.. breakout channel by resistance line and fibo fan 78.6%..
4) target by using fibo retracement..
The recent drops also not a surprice.. as what indicated by indicator, there is a hidden bearish divergence.. therefore, need to wait for reversal..
*caution= this counter is index linked counter.. so, any fluctuation on KLCI will effect this counter.. and swing up will depends on KLCI too...