OroticTrader

MERIDIAN Analysis

Long
OroticTrader Updated   
MYX:MERIDIAN   MERIDIAN BERHAD
Technical analysis
  • Price around support area and mid BB
  • RSI above centerline and moving toward overbought area
  • MACD above centerline

    Trading idea
  • Entry price: 0.335
  • Cut loss: 0.325
  • TP1: 0.340
  • TP2: 0.370
Trade closed: stop reached:
Cut loss reach on 2nd Dec
Comment:
Lesson learned: I should set cut loss at 0.295 previously instead of 2 bid below entry.
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