Technical study mitrajaya 15/3/2021
MITRA just recently breakout its cup formation after forming for 4 months. My 1st TP is 0.370 and my 2nd TP is 0.425
Sektor: Construction Sub Sektor: Construction Status Indeks: Breakout 185.42 dan meneruskan kenaikan (uptrend) Status Fundamental: Sangat Baik Trading Plan: Target Price 1 (TP1) - 0.3 Target Price 2 (TP2) - 0.315 Strong Support (SS) - 0.275 Cutloss (CL) - 0.26 Komen 1: MITRA dalam keadaan uptrend dan sedang buat HL setelah breakout R2 dengan high volume. Candle...
Disclaimer: This is not a buy call but for learning purpose Technical analysis Price is above EMA 10 & EMA 20 Potential uptrend continuation RSI & ZL-MACD is above the centerline Trading idea Entry price: 0.265 Cut loss: 0.255 TP1: 0.285 TP2: 0.310 TP3: 0.340
Overall structure is downtrend, but i am looking for buying opportunities area hidden base D1. If look to the left this is the third time price unable to break support . Nearest hurdle will be 0.250 and 0.350 , if price able to break , close and maintain above it possibility price hit target is high.
mitrajaya telah berjaya rebound pada garis dtl dan dalam proses pembentukan cup & handle. jika berjaya memecahkan neck line 240, target 335. masih menunngu volume untuk memecahkan trendline.
Life is simple...Trade with Simplicity! *The trend direction: Trend reversal from Down to Up. (Must not break the S1 to maintain the trend) *The Bottom signal (BT) sighted on 04-Dec. *Price tested the lifeline (Redline) & close above for the last two days. *The Bell alert appeared on 08-Oct &19-Dec, a signal continuation of momentum is coming. *The Star alert...