MYX:CJCEN DISCLAIMER: FOR STUDY PURPOSE ONLY Trade at your own risk
1. Break resistance 10 March 2023. 2. Retest support. 3. MACD Buy. 4. TAYOR & Good luck!
Latest quarter report shows an improvement of sales and profit.Currently price just breakout and rebounce back up of the horizontal line on higher volume.
Can try CJCEN in double-bottom neckline retest pattern and price has crossed up pivot point.
Cup forming. Large upside. Company buyback shares in January 2022. Collaboration with Astro.
Make setup when have these policies: 1) extrapolate volume (than pocket pivot & 20MA line) 2) ADR = 4.274% > 3% =strong momentum 3) candle bullish 4) above 200EMA (blue color) 5) entry by refer to lower TF, as have upper wick 6) TP based on sign. Resistance zone
From 0.440 swing low on 1 July 2021 (Point A), the price rose to a 52-week high at 0.675 (Point B) on 19 November 2021. The price thereafter retraced to fibo618 at 0.530 on 29 November 2021 (Point C) and closed above EMA100. Thereafter, the price retested EMA100 and 0.550 yearly pivot on multiple occasions and crossed fibo50 at 0.560 on 24 December 2021. To enter...
this counter has less active volume, propose to monitor unless there is a catalyst for this industrial
My Plan as stated in chart. On the chart, this price movement will look like a ‘Cup and Handle’. The pattern can form across all time frames and can be used for intraday trading, short-term swing trading and as well as longer-term positions. #TAYOR MYX:CJCEN
We found out that CJCEN have similar chart pattern just like ENCORP BHD, and yet to have any strong interest from market. After hitting bottom in March 2020 it reverse its share price downtrend until now. Really steady uptrend, heavy volume traded on RM0.50 Volume profile distribution is natural. Banker is getting upper hand in deciding price direction now. As...
Trading Idea CJCEN (12/4/2021) - Accumulation phase - Buying opportunity in yellow zone (RM0.49 to RM0.51) - Target: RM0.55 - Stoploss: Below RM0.465 Disclaimer: This trading idea is strictly intended for informational purposes only so please do your own analysis before making any investment decision.
Trading Idea CJCEN (12/4/2021) - Accumulation phase - Buying opportunity in yellow zone (RM0.49 to RM0.51) - Target: RM0.55 - Stoploss: Below RM0.465 Disclaimer: This trading idea is strictly intended for informational purposes only so please do your own analysis before making any investment decision.
Trade ideas for this counter. Price breakout and wait for retracement in buy zone/green box for safe entry. Happy Trading Tayor.
DAILY 15/2/2021 : Breakout : 52 Weeks New High Market Stage : Uptrend EMA : Price > Ema20 > Ema50 > Ema200 Breakout Volume : 8x times Trading Breakout Value : Rm9,744,580 WEEKLY 15/2/2021 : Breakout : 52 Weeks New High Market Stage :...
MYX:CJCEN SWING: 2 DAYS TO 2 WEEKS Breakout Downtrend Line 52 Weeks High Line Fibbonaci Retracement Candlestick Support & Resistant Zone Trendline Support & Resistant