Uptrend is back for the mid-term

3008 saw a strong bullish recovery after it remain supported above the steady uptrend line which started since May 2022. Above all, the stock has also cleared above the overhead resistance and recent elevation above the Ichimoku's kumo further cement the bullish trend. As such, we are looking at a potential continuation ahead beyond 2,800.

Momentum wise suggest a strong recovery in the long-term MACD and Mid-term stochastic. Directional movement index confirms the bullish strength.