kgiap123

HHGROUP - Long Term looks attractive

kgiap123 Updated   
MYX:HHGROUP   None
Weekly Chart - Long Term View =>
This week Turtle Trend triggers BUY. It is a second weekly Turtle Trend Buy signal of the year.
First sign of trend change in more than 5 years. Forming Higher Low and Higher High (Uptrend) with buildup volume
Price is currently above Volume Point of Control (VPoC) 0.54 - This level is a strong support area.
Price up more than 20% since first BoD in Sep 2021 within flag pattern
Very Strong FIFT Bull
MCDX Retailer continue to weakening 8% with Banker volume increases to 74%

Flag breakout will expose the following area of interest :-
1) Psychological resistance at 1.00 - 1.1 (Also EMA200) to form another Higher High.
2) 1.25 - 1.40 short term Fibo Projection target.
3) 1.60 - 1 to 1 Fibo Projection target.

SL below 0.54 - 0.6
Risk : Earnings around the corner..



Comment:
Broke resistance
Comment:
GO GO GO GOOOOOOO

Targets on the chart.

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