MYX:IPMUDA touches target area and reverts down big time. The power of charting. Well done if you have taken profits.
Further to my mid September post on MYX:IPMUDA , prices are moving nicely upwards after breaking the RM1.51 trigger. Targeting near the RM2.00 psychological resistance next but it is always good to use a trailing stop while letting profits run. Some may also prefer to take some profits off the table while letting the balance of the position run with a trailing...
MYX:IPMUDA may have the potential to hit its initial target of RM1.62 before surging further IF it manages to break above the RM1.51 trigger. Good luck.