Simply_Is_Beauty

EASY123 Prediction @MYX XINHWA

Long
MYX:XINHWA   XIN HWA HOLDINGS BERHAD
Life is simple...Trade with Simplicity!
BUY Signal = (BT-Yellow-Diamond), (White-Candle), (Green-Upward-Triangle), (White-Star)
SELL Signal = (Red-Dot), Red-Downward-Triangle)

*The trend direction: Extended (Green background) Uptrend. (Must not break the S2 to maintain the trend)
*The Bottom signal ( BT ) was sighted on 17-Dec.
*Price tested the lifeline (Redline) & close above it on 30-Dec.
*The Momentum signal (White-Star) sighted on 31-Dec, an indication of the strong buying momentum.
*The Bell Alert was triggered on 30-Dec, an indication of a coming signal.

Prediction: The immediate hot-chase (Red-Dot, above the candle) will result in the pullback/correction to/nearby the lifeline (Red-line) area. *Unless the coming price can break it High to make new High as the rally continuation.

Preference Strategy: Swing trading (Follow the BUY/SELL Signal respectively.)

Target Price: RM0.53-56 & RM0.63-0.66
Cut Loss: If broke below S2 Support RM0.395
*Reminder TP & CL is an individual preference & decision. No fix rule or guideline for it...Trade at your own risk.
Comment:
XINHWA: as the prediction, it has hit our target RM0.53-56 & now forming a new BOX and move within it. Until it breaks the Pre-high RM0.535 before a rally on the next Resistance. Stay aside no action at this point.

Good luck & Happy trading!
Trade active:
XINHWA: UPTREND CONTINUE
It has broken the BOX RM0.55 and continue it uptrend momentum.
Looks for higher TP RM0.66-69 & RM73-77.

Good luck & Happy trading!
Trade closed: target reached:
Trade was closed while TP reached.

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