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ellynacci
Mar 19, 2021 8:18 AM

Today's Limit Down - Distribution phase 

G3 GLOBAL BERHADMYX

Description

G3 has been moving to the downside below a valid UTL preceded by losing momentum seen on the MACD. As the price failed to close above 200-days SMA, it could drop lower to support level at 0.675. If the price breaches below this level the share may lay down the foundation for a new downtrend and this will cap off the potential bullish movement.

Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Comments
jeetyuan72148
Those FOMO and last in suffering a lot if no cut loss plan
ellynacci
@jeetyuan72148, exactly :-)
jeetyuan72148
@lilysaari, that's why I insisted to learn TA, walau pun rojak punya😅, admire you obtained your CFTe, MSTA 👍💪👏
ellynacci
@jeetyuan72148, Thank you :-) All grandmother stories lies within TA (except for corporate exercises) which should be our trading GPS :-) rojak also can be as simple as support and resistance ;-)
ellynacci
@jeetyuan72148, Distribution also operators can make money, one day limit up created FOMO, then one day limit down created panic selling. 100% gain in one week 😂
jeetyuan72148
@lilysaari, I kena many times b4 %-) ....unless got first-hand insider info, else, watch up...
Now TA help a lot like you said rojak pun rojak la, semua gau sekali enak juga ....hahaha

Thanks for your sharing anyway... :->
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