Small-cap Perak Transit (PTRANSIT) appears on an uptrend on the daily chart
- Supported by rising MAs and price is above all MAs
- RSI>50
- Positive MACD
- Rising volume
- ADX > 20
On the longer timeframe (weekly), we may be seeing the 20W EMA is about to cross above the 50W EMA. May see some resistance zone around $0.28-$0.305.
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