Price action breaking up high with increasing volume.
Targeting +10% profit from current 0.675
Risk Reward ratio: 2++
Cut loss : -5% (RM0.64)
Like my works? Please hit the Like, Follow and Share or tip me a few coins :)
This information only serves as study references, does not constitute a buy or sell call.
1st Trading Ideas : SUCCESS (ROI 28.7%) - refer link
2nd Trading Ideas : We see whether have another round of possible luck or not..
1) 1st Entry: Entry at the breakout level zone
2) 2nd Entry: Entry at the averaging zone
3) CL Level specified.
I am nubis, i am non-premium members ..follow if you think this idea make sense..just sit back,...
Supply is currently compressed, might see a fake break on the multiple support line, towards the left shoulder level.
Trend is overall bullish judging by the amount and size of bull candles.
fib 161.8 matched for extra confluence.
*DYOR on fundamentals.
1) Entry at purple line 0.465 and ride until specified TP
2) Entry inside the zone 0.435-0.445 and ride until specified TP
1) Chart forming higher high
2) EMA ribbon compression (refer red circle)
3) Channeling uptrend
4) Near complete retraced until same level of significant bull candle
Buyout cancel. Ecoworld on its own
we knew that March is the market bottom.
anything near the market bottom, will be a low risk investment / trade.
looking at the risk and reward ratio, risking 25% down and rewarding 95% is a good ratio.
a good stock to invest early. not to trade.
Market Cycle ( Dow's Theory apply , from accumulation to mark up phase )
Eco World Development Group Bhd. is an investment holding company, which engages in property development. The company was founded by Abdul Rashid bin Abdul Manaf on March 8, 1974 and is headquartered in Shah Alam, Malaysia.