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Richkierich
May 15, 2023 10:26 AM

YONGTAI breaking resistance?  Long

YONG TAI BHDMYX

Description

MYX:YONGTAI retook Friday's high and absorbed the selling pressure. I am feeling bullish that this name could see more upside in the near short term future with a target of 0.435 if 0.38 manages to break. Of course if 0.35 gets breached, the setup is invalidated.

These are my views and analysis and is only for educational purposes. I am not a financial advisor.

Nothing in the information posted here is intended to be or should be interpreted as trading advice.

Trade closed: target reached

Target reached.

Perfect
Comments
hannahammar
sorry to ask...can I know what are those pink line on your chart?thank you in advance
Richkierich
@hannahammar, those are the anchored vwap lines. its a drawing tool
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