MUHIBAH is consolidating. Strong Volume.

MUHIBBAH ENGINEERING (M) BHDMYX

Description

⋅ Apr 14, 2020 4:59 AM

Muhibah is currently consolidating and seems able to defend 0.97 Support.
Potential buy on breakout if able to close above 1.04-1.06
FiFT is bullish with nice volume build up.
ATOM buy signal indicating this stock is Trending up.
Potential TP area 1.20 (key Fibo & EMA50)

Risk Reward Ratio if breaks above 1.04 with SL below 0.97 and TP 1.20

Trade active

⋅ Apr 17, 2020 2:35 AM

Breakout above 1.06.
Potential TP 1.2.
Shift SL below today's candle low.

Trade closed: stop reached

⋅ Apr 25, 2020 4:40 AM

Multiple fake breakouts. Volume slow down.
Settle -1.5%
Max price movement +8%
fast turtle sell appears. OUT
FiFT +ve

Trend Analysis Technical Indicators

Comments

STEPH0721

⋅ Apr 15, 2020 5:34 AM

@kgiap123 , i noticed a BoD signal appeared on H chart today, with volume above average. WIll this act as a supplement to the D chart analysis?

kgiap123

⋅ Apr 15, 2020 5:42 AM

@STEPH0721, Yes, you can set your entry at H1 chart following Daily chart direction. It's depend on how you define your strategy.... Are you going to TP and SL based on H1 chart as well..