MAG is a penny kaunter, after a long downtrend, the downtrend line broken forming a range. Bullish buying seen as volume spike in rallies. A recent low volume spring is negated by a strong buying pushing price up into the range. After completed 1 cycle of Elliot wave, the price stopped at fibonacci level 0.5 formin yet another reaccumulation range. Buying volume...
Price currently been trading in phase D as last point of support after NO SUPPLY BAR spotted at 0.185 support level. Im expecting price might moving towards CREEK (resistance) but first resistance 0.225 need to be broken for the price to be able to move higher.
Price currently been trading in phase D at LPS and im expecting price might moving towards the creek from this level. im watching for trading opportunity .
Selling exhausted, buying bull to take over ?
MUST OVER 0.23 ONLY CAN BREAK GO TO HIGH LEVEL BUY ON DIP NOW 227/11/2020 from 0.21 to 0.42 cent up 50% wait and see
-cubaan utk BO downtrendline -dh melepasi average vol - sniper dragon dah ada secalit merah dan momentum sdh mencanak naik. -line hitam mencari line biru. -target awal 220/235 -target long 310 teruslah #sekadarkajian#mgknbetulmgknsalah#adududu
as per chart TAYOR. If you have a nice or comment, don't hesitate comment below. Your idea and knowledge will help us more in learning this market trend and movement.
up trend SP 0.27 RS 0.295 wait got FiFt or & F Turtle buy EP 0.27 ( 60%) BOB EP 0.29 ( 40%) SL 0.26