EASY123 Prediction @MYX ELSOFT

Life is simple...Trade with Simplicity!
BUY Signal = (BT-Yellow-Diamond), (White-Candle), (Green-Upward-Triangle), (White-Star)
SELL Signal = (Red-Dot), Red-Downward-Triangle)

*The trend direction: Reversal (Green background Uptrend signal observed)
*The Bottom signal ( BT ) was sighted on 24-Dec.
*Price tested the lifeline (Redline) & close above it on 15-Jan.
*The Bell Alert was triggered on 15-Jan, an indication of a coming signal.

Prediction: The current price just break out the BOX. This will result in the pullback/correction to/nearby the lifeline (Red-line) area. After correction likely will be a new rally.

Preference Strategy: Swing trading (Follow the BUY/SELL Signal respectively.)

Target Price: RM0.91-93 & RM0.98-1.01, RM1.08-1.11
Cut Loss: If broke below S1 Support RM0.79
*Reminder TP & CL is an individual preference & decision. No fix rule or guideline for it...Trade at your own risk.

Comment:

ELSOFT failed to break the Pre-high RM0.895 and goes south dipped inside the BOX again. The S1 RM0.79 is critical support. Caution if it breaks the critical support it will revert the whole trend.
Good luck & Happy trading!

Comment:

ELSOFT: SIDEWAYS
It still moves within the BOX (S1-R1) It needs to break RM0.895 to move out the Box for the next level.
We are standing aside from this counter at this juncture.
Good luck & Happy trading!

Trade closed: stop reached