EASY123 Prediction @MYX ECOWLD

Life is simple...Trade with Simplicity!

*The trend direction: Trend reversal from Down to Up. (Must not break the S1 to maintain the trend)
*The Bottom signal ( BT ) sighted on 22-Nov.
*Price tested the lifeline (Redline) & close above it.
*The Bell alert appeared on 17-Oct, a signal continuation of momentum is coming.
*The Star alert appeared on 17-Dec, a signal of strong buying momentum.

Prediction: The immediate hot-chase (Red-dot, above the candle) will result in the correction/pullback to/nearby the lifeline (Red-line). Once completed the correction, will rally to next Resistance.

Preference Strategy: Swing trading (Follow the Buy/Sell Signal respectively.)

Target Price: Immediate RM0.88-0.93 & 0.995
Cut Loss: If broke below S2 Support RM0.62
*Reminder TP & CL is an individual preference & decision. No fix rule or guideline for it...Trade at your own risk.

Comment:

ECOWLD: It has failed to make new High and break below the S1 support & continue to look for support in S2 region RM0.625
*Do not catch the dropping knife"
We will do no action until it gives us the reversal signal.
Good luck & Happy trading!

Comment:

ECOWLD: BOTTOM REVERSAL.
It has supported on the S2 Bottom region and making a small rebound. The S1 support will become immediate resistance. Once it breaks this resistance it will test the next resistance RM0.75-77 & follow by RM0.81-83
Good luck & Happy trading!

Trade closed: stop reached