Sin Heng request

Sin Heng definitely made a super duper strong rally due to some joint venture in Myanmar.
As for now, Sin Heng charts look uncertain and remains trading within a range of around 0.193 to 0.230.
It is hovering around the 50% Fibo Level.
And a upward trend line support can be seen for now (pink line).
Another thing that can be taken into account will be that the volume has been dropping, indicating a weak selling pressure.
Long term wise, Sin Heng is bullish as the 200MA is sloping up nicely, therefore the 200MA can also be a strong support area.