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TheWinningDay
Jun 28, 2022 3:11 PM

MRDIY - Next TP to go Short

MR D.I.Y. GROUP (M) BERHADMYX

Description

Comment :
1) FundFlow+ indicator - Fundflow candle still going through below zero/negative flow area

2) Tricol+ indicator - Weak, banker bar has very little while retailers bar (turquoise) has more than 50%

3) IF MRDIY able to broke through above neckline f, in that case target 1.500 is no longer relevant

Support & Resistance :
S : MYR1.500
R : Neckline f & line e

Remark :
- Length of AB=CD


DISCLAIMER :
Analysis above SOLELY for case study purpose, not a PROFESSIONAL ADVISE. This analysis does not provide any trading advise and buy or sell. Trade at your own risk. Trade only after you have acknowledged and accepted the risks involved.

Comment

MRDIY hits resistance at line e & neckline f in the week of 1st August and eventually pull down

Trade closed: target reached

PST reached after 9 months awaiting.

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