IFCA MSC Bhd

IFCAMSC weekly chart shows that it has recently been consolidating after correcting from its bullish impulse move from early Jan to late Feb 2017. It seems to have found demand after a trendline break around 0.33-0.36, which coincidently is close to the Fib 61.8% retrace.  Incidently the previous bullish impulse move was after a trendline break! I expect IFCAMSC to move up from its demand area with the first target at the previous swing high at 0.505-0.54. Should it clear above this, the next target is at 0.755-0.845.
https://invst.ly/4-tg6

IFCAMSC Weekly Chart

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Trading and investment involves risk, including possible loss of principal and other losses. I shall not be responsible for any losses or loss profit resulting from trading or investment decision based on my posting and any information presented in this blog.

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  1. Like this blog. Thank you so much for your valuable suggestions. It gives us more confidence .will wait for Next Post.

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