Simply_Is_Beauty

EASY123 Prediction @MYX GUNUNG

Long
MYX:GUNUNG   None
Life is simple...Trade with Simplicity!

*Trend direction: UPTREND - Price move above our Lifeline (Redline)
*Turning points (White-candle) have appeared on 16-Jun, an indication of the price revert to upward direction.
*White-Diamond appeared on 06-Jul, an indication of strong momentum acceleration.
*Yellow-candle & Bell-alert have appeared on 10 & 20-Jul respectively, the rally take-off signs.

Prediction: Price has breaks the critical resistance RM0.625, likely it will rally to the next level.
*The rally anticipated to goes up minimally 50% from our turning point (RM0.525) to RM0.77

Preference Strategy: Swing trading (Follow the BUY/SELL Signal respectively).
Target Price: R1=0.66-0.68, R2=0.73-0.77, R3=0.98-1.01
Support/Cut Loss: S1=0.605, S2=0.555

*Reminder TP & CL is an individual preference & decision. No fixed rule or guideline for it...Trade at your own risk.
*If you are interested in our trading template. Feel free to drop us a message, we are happy to share with you.

Signal's Interpretation:
BUY Signal:-
*Green-Background = Indication of an Uptrend
*BT-Yellow-Diamond = Indication of Bottom signal.
*Green-Upward-Triangle = Indication of Hot-seller, potentially a Bottom signal.
*White-Diamond = Indication of a strong upward momentum accelerator.
*White-Candle = Indication of a strong turning point or a trend reversal.
*Yellow-Candle + Alert-Bell = Indication of Price take-off area.

SELL Signal:-
*Red-Background = Indication of a Downtrend.
*Red-Dot = Indication of Hot-buyer, potentially a Top signal.
*Blue-Candle = Indication of Price selling off area.
Trade active:
GUNUNG, it rallied exceed our target R3=0.98-1.01. It is now retracing back to the critical support Lifeline (Redline). Look for a re-entry point for the next rally after this big correction.

Disclaimer: This is not a Buy or Sell suggestion but solely sharing information. Trade at your own risk.

Good luck & Happy Trading!
Order cancelled:
This is ticker has rename to GCAP. Hence, we cancel this idea and will post with the new chart.

Good luck & Happy Trading!

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