kamarulx
Long

SHORT/MEDIUM TERM - TECFAST - POTENTIAL BREAKOUT

MYX:0084   TECHFAST HOLDINGS BHD
TECFAST on the rise within ascending triangle pattern, If price break out T1, next target is set at T2 using X to X target projection. Take profit regularly along the way to T2 to avoid being trapped. I personally sell half at 50% target and sell all at 78.6% target. trailing stoploss should be exercise in case the price reverses more than 5% or based on personal preference.

If price fail to break T1, potential trading range play can be assumed. Price might trade sideways in range between S1 and S2.
Comment: large buying interest today. expect profit taking for few days before rally continue.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out