ShareWorldConsulting
Long

{SWC}——DOLPHIN, Slow & Steady

MYX:DOLPHIN   DOLPHIN INTERNATIONAL BERHAD
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Strategy: Price Volume Analysis

Bias: Bullish . DOLPHIN made a MA cross earlier 3days ago at RM0.135, which was spotted by SWC and students!
When it further broke RM0.140, short term pressure zone, indicating the start of a potential mark up stage!

Dolphin has currently reached the first stage resistance zone , with volume , at RM0.155. Kindly be informed that entry of SWC and students was at RM0.135. For short term trader, can consider to unload.

Kindly be reminder that this is a penny stock and the risk to reward will need to be better managed.
For those who able to hold for longer time, with lower entry, can look for second zone of RM0.165 and RM0.175, provided DOLPHIN remains above RM0.155.

For risk adverse market participants, can consider the support at RM0.145/RM0.140 zone. Lower risk.

Time needed due to penny stocks.Stay tune for the profit!

If you find this idea helpful, kindly drop us a like and leave your comment!

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