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: Trend Reversald (Green background Uptrend signal observed) *Must not break below S2 to keep as Uptrend. *Price has breakout the BOX on 24-Jan to the next level. *Price tested the lifeline (Redline) & close above it on 24-Jan. *The White-Star signal on 21-Jan, an indication of strong buying momentum.
Prediction: The current price just breaks out of the BOX. This will result in the pullback/correction to/nearby Pre-High (S1 to lifeline region) After this correction it likely will be a rally to test R1 & R2.
Preference Strategy: Swing trading (Follow the BUY/SELL Signal respectively.)
Target Price: RM1.93-96 & RM2.06-2.10 Cut Loss: If broke below S2 Support RM1.66 *Reminder TP & CL is an individual preference & decision. No fix rule or guideline for it...Trade at your own risk.
Trade closed: stop reached
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INARI: DOWNTREND It failed at our critical support (Lifeline) turns into a downtrend. Now it supported at our S2 RM1.66 bottom of the BOX. Hence, we are standing aside from this counter until any reversal signal is given. Good luck & Happy trading!