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syafizi

MELEWAR triggered based on MRV1 on closing 15 Dec 23

Long
MELEWAR INDUSTRIAL GROUP BHD (MYX_DLY:MELEWAR)  
syafizi Updated   
MYX_DLY:MELEWAR   MELEWAR INDUSTRIAL GROUP BHD
Technical Indicators melewar bursamalaysia
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indicator melewar bursamalaysia
Buy signal triggered based on MRV1 setup at RM0.275;
20% target at RM0.330; stop loss at RM0.245;
2-3 months due to the signal based on the daily timeframe.
**Only for discussion purposes. Not a buy / sell call.
Comment:
On 3 January 2023, Melewar triggered the MRV1 signal once more at the closing price of RM0.285
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