Croxie

Long in SYSTECH

Long
MYX:SYSTECH   SYSTECH BHD
from the chart we can see the price already complete the form Cup and Handle and with broke the resistant line with high volume.
This is suggesting that buyer in position to push the price more higher. With EMA 9 and EMA 20 is trying to cross EMA 200, we can assure that the price will change to long soon.
In low TF, 1H, all EMA already cross EMA 200.

The price now hold at resistant 0.200.

To enter now already late as the no good spot to enter. Wait till the price broke resistant and buy.

TP: 0.235
CL: 0.165

#need your comment and suggestion as all idea for trading is different with other people :)

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.