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ringgitlab
Aug 9, 2022 12:15 PM

BIG - Trendline breakout Long

B.I.G. INDUSTRIES BHDMYX

Description

Price has broken the trendline on 09/08/2022. Let's wait for little pullback formation before placing our entry.
Would this indicates for MYX:BIG to change direction to uptrend?

Potential entry:
1) RM0.785 - RM0.795
2) RM0.720 - RM0.755 (Suitable for long-term)

Resistance:
RM0.84 / RM0.985

Support:
RM0.695

Disclaimer: This trading idea is for education purpose only. This is not a buy call nor a stock recommendation. Please trade at your own responsibility.

Comment

Reach our first TP at RM 0.84.
Let's see if the price can reach the next resistance at RM0.985.

All the best and don't forget to keep supporting Ringgit Lab.
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