I last blogged on Moya Asia sock in February 2017; you can refer to the post here . Since then the stock has been trading in a tight consolidation pattern with a support at $0.067. Yesterday, the stock traded on high volume, closing the day at 7.2% higher with a upward bullish candlestick. The 5-Days Moving Average which has traded below the 20-Days Moving Average seems to be making an attempt to break the 20-Days Moving Average higher. The RSI seems moving to higher overbought regions. On a general trend, Moya Asia stock is still on a long-term uptrend. And if my judgment is correct, Moya Asia stock could become the next Alliance Minerals stock as it moves slowly to the 10 cents per share mark. However before Moya Asia stock reaches that higher level, the stock is bound to undergo a series of “waves movement”.

Notwithstanding the above, …