Guan Chong (5102.KL) Completed Pullback Pattern

Currently, Guan Chong is forming a similar pattern with Revunue (0200.KL) and the Pullback just completed on 4 December 2018. Notice there is no Sign of Weakness in the recent bars indicating Smart Money yet to distribute the stock. The confirmation from this Pullback gave traders another opportunity to trade with lower risk. Do note that the background based on the daily chart is still strong.

Stop Loss = $2.74
1st Target = $3.15
2nd Target = $3.30

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