Buy signal triggered based on MRV1 setup at RM0.385;
20% target at RM0.465; stop loss at RM0.345;
2-3 months due to the signal based on the daily timeframe.
The second buy order after a great jump in price and volume traded and subsequent retracement. Given the large historical price spread between high and low of this counter, immediate resistance is at RM0.425...
- The stop loss level is RM0.165, which limits the downside risk to around 10%.
- The target price is RM0.390. To maintain a risk/reward ratio of 1:2, you may choose to adjust this to 1:1.5 or 1:1 based on your preference.
- The time horizon is 2-3 months, as the signal is derived from the daily chart.
- This is a classic 1-2-3 breakout, creating a new higher high...
The IFCAMSC buy signal was triggered based on the MRV1 setup at RM0.285. The target is a 20% increase to RM0.345, with a stop loss of RM0.255. This is expected to take 2–3 months due to the signal being based on the daily timeframe.
The price seems to have been hopping around the price of RM0.280, establishing an accumulation base price for the counter. A price...
The GOB buy signal was triggered based on the MRV1 setup at RM0.225. The target is a 20% increase to RM0.275, with a stop loss of RM0.200. This is expected to take 2–3 months due to the signal being based on the daily timeframe.
The price seems to have been supported well at the price of RM0.210, and a sudden spike after a few sessions of flat movement seems like...
The RGTBHD buy signal was triggered based on the MRV1 setup at RM0.245. The target is a 20% increase to RM0.225, with a stop loss of RM0.165. This is expected to take 2–3 months due to the signal being based on the daily timeframe.
The price movement pattern has stagnated after a major downtrend from the November 2021 peak. Now hovering above the support area of...
So, who is following from the previous chart analysis? We see it together how the price break the channel and make a confirmation of going short. Now we still see market are in bearish. Tomorrow we will see the market rebound or continue going downwards. But all we have to do now is focusing and looking an entry for short. Remember, risk always be there. This is...
BOOM!, This is what we have been waiting for. The price already break the channel / trendline / neckline. So now all the thing we have to find and look is short position. But need to remember there is support nearby. We should have be aware if the price will make strong rebound or it still break the support. See tomorrow on monday!
