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MYX:ECONBHD Uptrend Slow Turtle Buy FiFT +ve bull recharge Atom Buy Banker starting building position Retail decreasing. Can enter partial for parking first. SL below 0.42
ECONBHD- Construction Sector Ideas / Study Has completed Wave 1- & currently to complete corrective wave. a) wait for entry- rebound FIBO 50% / 61.8% @ safe entry - break DTL (Blue line ) & retest support. b) Potential upside/ TP 1( RM 0.59, TP2- RM0.69 & TP3 Kayangan RM0.865 c) SL - below RM0. 40
time to test the resistance at 0.51 and i believe it will rebound and back to 0.618 level and above for my own record not a sell/buy call
SL if 0.44 fail to hold. overall rebounding strength still there resistance 0.50 , 0.525 , 0.55
Looking for long as long price able to maintain above TL and breakout the triangle also not making new LL or break previous structure.
Aim for buying as long price able to maintain above TL and not making new LL or break and close previous structure. Nearest hurdle will be at 0.7 & 0.74
FA: Solid parameters. Institutional/Smart Money holding this stocks as well. (EPF , Tabung Haji, Amanah Raya) TA/PA: At 4H chart, ascending triangle. Previously i entered at 0.39 and bagged sweet 34% profit. Plan to reenter to at the breakout. Best Entry : Chart Pattern entry. 0.54 RRR: 1: 2 (conservative) ; CL 10% no negotiation. ...
ECONBHD Rst: 0.535 Spp: 0.485 Consider as consolidation above rounding bottom level which is deemed positive. The challenge is whether it can break upper BB.
econpile finally start engine vroommm