HazaziZakaria

MCT High Volume

Long
HazaziZakaria Updated   
MYX:MCT   None
1) By referring to 30min time frame, current support is built at 0.29
2) I would say strong support at 0.285/0.28 area. Cut loss below that. depend on your risk.
3) Multiple volume and price spike in recent days shows the price volume in action for this counter.
4) Price decreasing with low volume indicates this counter is still valid to continue uptrend.
5) Close monitor on the price movement and volume.
6) ema 20 and 50 cross but still below ema200.
7) If the volume sustain at this level, it possible to reach the ema200 area. (resistance)

FA
1) Comparing to the last 3 quarter, revenue and profit is increase very significant.
2) Compare to same quarter on last financial year, the revenue and profit is lesser. but its very positive when we compare to last 3 qr report.
3) the company business getting better, volume in, price up.
4) The all time high is 50.00
5) Current volume at its highest points.

p/s: Not a buy call, just study. Swing
Comment:
Alhamdulillah
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