BREAK UPPER TRENDLINE MESBNot a strong company.However latesr quarter report showing improvment of QOQ and YOY.Price has break the horizontal line with high volume after the announcement of the report
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About MESB BHD
Sector
Retail Trade
Industry
Specialty Stores
CEO
Lee Ping Loke
Website
mesbbhd.com
Headquarters
Seri Kembangan
Founded
1995
ISIN
MYL7234OO007
MESB Bhd. is an investment holding company, which engages in the trading of leather products. It operates through the following segments: Retailing, Investment Holding, and Waste Recycling. The Retailing segment involves in the trading in leather products and trading in casual apparels and accessories. The Investment Holding segment focuses on investment holding activity. The Waste Recycling segment refers to the waste recycling business. Its brand portfolio includes Pierre Cardin, Louis Feraud, Giamax, Jeep, J is for Jeep Brand, Alain Delon, Giossardi, Tocco Toscano, Crocodile, and Ducati. The company was founded on March 28, 1995 and is headquartered in Seri Kembangan, Malaysia.
MESB - BULLISHThere was frustrating Correction from the past weeks.
But wave Y is completed.
We are looking for Long at the right place.
Good luck .
MY PLAN FOR MESB BY USING SYMMETRICAL TRIANGLE & HARMONIC1. SYMMETRICAL TRIANGLE
- It show price try to BO from above symmetrical triangle (yellow circle) and my estimation it will same patters as before.
- for comfirmation price must be closed above 0.50 to ensure it continuation uptrend.
- My target it will reach at 0.680 (white arrow)
2. Harmonic
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#MESB 16/9/2021Price become more tight, less volatile. Volume on yesterday looks high. All moving average near to each other.
Will monitor if possible to breakout that area. Or it will make a base for longer time?
Disclaimer: This is not a buy call. Just a trading idea.
MESB looking to continue upDaily - Break Ichi cloud and DTL.
4HR - Break Ichi cloud.
30Min - Ichi cloud thin showing has the momentum to continue up.
Trading Idea MESB (28/4/2021)Trading Idea MESB (28/4/2021)
- Potential breakout above EMA50 (green line)
- Buying opportunity in yellow zone, around RM0.50-0.52
- Target: RM0.55 / RM0.58
- Stoploss below RM0.50
Disclaimer: This trading idea is strictly intended for informational purposes only so please do your own analys
MESBOne of the Consumer products counter (Personal Goods)
- Broke out 0.55 neckline.
- Consolidating into ascending triangle/rectangle channel.
- Hot money still inside.
- Above EMA 9,20,50,200.
R1: 0.6
S1: 0.55
Target Price -MESB 0.835 TP 40%Watchlist for one of my fav counter for SWING. you can see today BO 52 weeks High .My forecast price TP 0.835
See all ideas
This info isn't a recommendation for what you should personally do, so please don't take the data as investment advice. As with any trade, always look first, then leap. Read more in the Terms of Use.
