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kgiap123
May 3, 2020 2:52 AM

MASTER - Stock/sector to watch 

MASTER-PACK GROUP BERHADMYX

Description

MYX:MASTER
Break triangle continuous pattern with strong volume.
Fast Turtle Buy signal with +ve FiFT BoD
Stochastic oversold and gaining upward momentum
Potential resistance around 1.75 (Slow Turtle Resistance + EMA50 and EMA200 resistance)

Similar pattern with PPHB. MYX:PPHB
This sector might be bullish considering Malaysia economy restarts.

Risk buy with SL below 1.35
Hold if ATOM signal buy.
Add position upon Slow Turtle Buy signal

Comment

Up 3%

Comment

Un Usual Volume activities on MASTER.
ATOM Buy. Enjoy the ride !
+9% Take partial profit and move SL to BE.
Comments
STEPH0721
@kgiap123 , how do we see that the stochastics is oversold? which benchmark you use to determine stochastic oversold/overbought?
kgiap123
@STEPH0721, Sorry, just saw your message.. When BoD, it's also means oversold.. I sometime add Stochastic or RSI indicator just to confirm.
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