wait till price drop to 0.265 then buy, take profit at 0.410
Ended the game at Fibonacci 6.86 with V-TOP pattern. Price steadily moving below Fibonacci 1.618. History repeat itself Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only.
Setup strategy: Wait for price to test on green support zone for better risk and reward ratio, as strong downward pressure is still on the way from Monthly chart. RSI index at neutral. Price at Bolinger Band Mean line. Remarks from author 1)This analysis does not represent long or short trade immediately, it is solely on the author analysis 2)Trade at your own...
Prediction: BOX/Sideway Pending Breakout immediate R0.515 (Rally when it breaks 0.56) Target Price: R1=0.555-0.58, R2=0.63-0.68 , R3=0.77-0.83 Support/Cut Loss: S1=0.44, S2=0.38 *Trend direction: BOX Pending Breakout - Rally when breaks immediate R0.515 *Yellow-Diamond( BT ) have appeared on 30-Oct, an indication of the bottom. *Price breaks, stand above &...
MMAG macam dah nak cross macd,boleh sedia untuk buy apabila AO merah bertukar ke signal bar hijau yang ke 3 #kajian ini adalah untuk praktis ilmu AO sahaja
SEE MONDAY (5/10/2020) CANDLE AND VOLUME FIRST FOR CONFIRMATION REVERSAL FROM DOWNTREND TO UPTREND. SUPPORT 0.395 FIRST TP 0.475 SECOND TP 0.515 THIRD TP 0.560 FOURTH TP 0.745 FIFTH TP 1.16 SIXTH TP 1.80
MMAG key R to break is 0.525 but in order to break that, big volume is needed and its not observable now. Could it build up to break that key price and go up parabolically which repeats is extremer uptrend before?
-It has been 7 consecutive days of lower lows for MMAG. -Next support at 665. -OBV at 200mil, the lowest since Sep 2019, indicating high selling pressure -it all started with some market correction, profit taking and announcement by politician to form new government -on positive notes, current PM already secure support from Sabah poll - so impact of politic...
MMAG, WILL IT GAP DOWN TO TOUCH 50% RETRACEMENT? THIS IS CRITICAL PHASE FOR MMAG CAUSE IF IT BREAK LOWER, IT SHOULD TOUCH THE PRICE @ 0.895. TAYOR!
MYX:MMAG Breakout Downtrend Line 52 Weeks High Line Fibbonaci Retracement Support & Resistant Zone
Dont chase as it already approaching RSI 74.
Technically based on position of current price, 20MA, 50MA & 200MA, it looks good for further retest of next resistance at 0.37. Furthermore slow stock just crossing up on Friday indicating daily trend reversal.
EP : 320 CL : 305 S : 315 R1 : 340 R2 : 370 Number of Share: 929.07m Sector : Technology Sub-Sector : Digital Services