SUPERMX 30 Nov breakout MA50 with volume. It already experienced C1 and C2 and seem like it will generate another contraction C3.
If the price able to stand firm above MA50 like predicted above, then we can consider to re-enter and ride for another wave. If the price not able to stand firm above MA50, then is not safe to enter.
Disclaimer: Not a buy call sharing, just sharing on pattern recognition in stock trading.
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Seem like the breakout MA50 that day is a fake one. Still monitoring.
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Need to break above MA50 and stand firm only can consider to enter.