EASY123 Prediction @MYX YTLPOWR

Life is simple...Trade with Simplicity!

*The trend direction: Making reversal down to Uptrend. (Must not break the S2 to maintain the trend)
*The Bottom signal ( BT ) sighted on 29-Aug & 04-Nov (Upward-Green-Triangle).
*Price tested the lifeline (Redline) & close above it on 19-Dec.
*The Bell alert appeared on 25-Nov & 19-Dec, the continuation of the signal of momentum is coming.

Prediction: The immediate hot-chase (Red-dot, above the candle) will result in the correction/pullback to/nearby the lifeline (Red-line). Once completed the correction, will rally to next Resistance.

Preference Strategy: Swing trading (Follow the Buy/Sell Signal respectively.)

Target Price: Immediate RM0.745-77 & 0.80
Cut Loss: If broke below S2 Support RM0.67
*Reminder TP & CL is an individual preference & decision. No fix rule or guideline for it...Trade at your own risk.

Comment:

Immediate TP RM0.77 achieved. After 4-5 days rally, profit-taking will take place as correction may occur. The Swing trader may protect your profit as a priority.
Next move: After correction, continue eyeing for higher TP...Good luck.

Comment:

YTLPOWR: as predicted it has hit our target >RM0.80 & Double-Top at RM0.845 has ended its rally & it goes into the correction (ABC). Looking for support in the S1 region.
We will do no action until it gives us the reversal signal.
Good luck & Happy trading!

Trade closed: target reached:

YTLPOWR: BREAK THE LIFELINE
After it has hit our TP, it pullback with ABC correction. Now it breaks our critical support (Lifeline), turns it into a resistance & went into a downtrend.
Hence, we are standing aside from this counter at this juncture.
Good luck & Happy trading!