UUE - Potential hit All Time High ?UUE - CURRENT PRICE : RM0.870
The downtrend from January 2025 to April 2025 had changed to uptrend after the stock broke out the descending channel. Take note that there was a bullish divergence in MACD before the breakout of channel.
ICHIMOKU CLOUD traders may take note that the KIJUN SEN is rising steadily and CHIKOU SPAN also moving above candlesticks - indicating stock is uptrending. Today's closing price is higher than previous day's close suggesting a bullish breakout buy signal. A close below the KIJUN SEN may indicate a trend reversal (KIJUN SEN acts as support level).
ENTRY PRICE : RM0.865 - RM0.870
TARGET PRICE : RM0.930 , RM0.965 and RM1.03
SUPPORT : KIJUN SEN (cutloss if price close below KIJUN SEN)
