MYX:D&O D&O has completed its 2 week consolidation and was strongly supported by its EMA42 (Red) line. For the past week, its price remained elevated above the EMA18(Green) line and was able to come to a strong weekly close at the high of 4.25. This strongly suggests a continuation of the bullish momentum in the coming week. Important indicators (Daily): MACD...
signals still strong. retracement after breaking ath is not surprising. looks health to me. opportunity to steal some at low near the uptrend line or ema20.
MYX:D&O UPTREND FAST TURTLE BUY FiFT SPIKE UP + RECHARGE MCDX+ BANKER SPIKE UP +VE BANKER 80% ATOM BUY
price maintaining above ema20 is good but weak volume is abit concerning. disclaimer: this is not a buy/sell call, but merely my personal opinion. always tayor.
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D&O Theme: Tech Rst: 4.00 Spp: 3.36 Violation of middle BB, with selling pressure climax today, same like other tech counters, since the stock is now approaching strong support at 3.36, chance of technical rebound to be forged here is there.
Possible breakout from falling wedge pattern after major pullback. Sitting right on support at 3.8. Still super bullish when it closed near EMA10 blue line and would start to rally when RSI dropped to near 60%. Bankers are still strong. TP: Sky is the limit. Disclaimer: Sky is the limit. Disclaimer: Trade at your own risk.
Gonna monitor for EP once it touches the 20MA provided the chart is still healthy. Otherwise, abort mission.
D&O Rst: 2.79 Spp: 2.60 Adjusted Fibo Ext projection, obviously strong resistance is built at Fibo Ext 100%, the quadruple bearish RSI divergence and MACD bearish crossover are on its way to cast significant pullback for the stock soon.
Price need to stay 2.60, Current support 2.560 R - 2.70 TP - 2.770 Target aku, blh pg 3.00 Hujung Jan 2021 TAYOR!!
SUPPORT 1 --> 2.45 SUPPORT 2--> 2.375 SUPPORT 3 --> 2.2 RESISTANCE 1 2.655 RESISTANCE 2--> 2.765
Sectors: Technology, Electronic, Semiconductors, LED, Electric Vehicles trading plan - short term EP 2.58 SL 2.52 TP 2.92 / 3.00 RRR - 1 : 5 FAKTOR price menembusi trend lines formasi wave A B C jelas
D&O Rst: 2.66 Spp: 2.18 Triple RSI bearish divergence signal is very clear and this shall cast further pressure for the stock moving forward, don’t get me wrong, it doesn’t mean the bullish momentum will dissipate anytime soon, you may still find trading opportunity on this