Get started
DannyKc

LAYHONG POSSIBLE 50% return TP RM0.535

Long
LAY HONG BHD (MYX:LAYHONG)  
DannyKc  
MYX:LAYHONG   LAY HONG BHD
Trend Analysis Chart Patterns Technical Indicators KLSE klsemarket klsestocks klsetrading klsestock klsetrade
2
0
trendanalysis chartpattern indicator klse klsemarket klsestocks klsetrading klsestock klsetrade
As shown on the chart,

Price action crossed up the long term downtrend resistant line with Volume,

Low1 and Low2 formed a Divergence in MACD.

1st TP will be at RM0.45.

2nd TP will be at RM0.535.

Cutloss at RM0.27/RM0.28

Profit Loss Ratio = 3 : 1
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.