fikrim16

About to breakout??

MYX:NGGB   NEXTGREEN GLOBAL BERHAD
NGGB

Technical Analysis

MACD not yet crossing to show buy signal.
RSI above 50% shows some strength for the price.
ADX is buy signal.

Trading Plan

Buy: 1.020 - 1.030
Cut loss: if price close below 0.975
Cut loss %: 5.34%
R-R ratio: 5.64


Notes:

The oscillator might not shown buy signal yet. But I don't rely much on oscillator in my trade.
Due to bad market condition, the price might only move slowly.


Disclaimer:
This is not a buy call. Only sharing of idea.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.