sothye

MQTECH - Breakout descending triangle

Long
MYX:MQTECH   MQ TECHNOLOGY BHD
We observed breakout of descending triangle (+25%) with highest TP of 0.3 (+77% gain)

EP 0.170
TP 0.195, 0.255, 0.300 (triangle opening)
SL 0.145
RRR 1:1

Speed: Fast with only 503M shares float (69% of 730M shares)
Sentiment: China Covid-19 vaccine Source mida.gov.my

Please exercise strict trading plan when trading penny stock.

TAYOR

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