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
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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
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XINHWA: UPTREND CONTINUE It has broken the BOX RM0.55 and continue it uptrend momentum. Looks for higher TP RM0.66-69 & RM73-77.