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Innature bhd

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INNATURE trade ideas

INNATURE, sell down due to bad QR? Price move first?QR soon. Price is down -10% ± Will it be sell down as FA traders predicted a bad QR? Or chartists clear position due to bad TA? Base on higher TF, it won't be stable yet. >> RSI is OS. >> Price below Hull MA. Personally will avoid it for a period I don't need to convince people to invest and win, it's a choice to let go if you don't believe the processes due to bad experiences you have encountered with others. But it's better you know a lot of people are still getting profitable outcome from this platform. 📈📉 Michael Amber Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
MYX:INNATURE
by DSELE99
1
INNATURE : Taking a breather (Medium term - Wave analysis)Though the correction in INNATURE is still on its way to completion, we're anticipating a zigzag variant of corrective pattern based on the likely 5 waves impulsive move seen on the chart. Next fib retracement level could be seen at RM0.565 (38.2%) which could be the next potential support. However, we would be more cautious and conservative if the corrective pattern does turn out to be a zigzag variant because often times the retracement are quite deep. If 38.2% level does not hold, the next retracement level would be 50% at RM0.505. As for now, we would put INNATURE in our watchlist and will continue to monitor this stock for potential position trading opportunities after the correction ends.
MYX:INNATURE
by afiz_285