After the breakout, price pullback for entry.
Simple SnR rule.
For entry - wait for 1Day CS close bull, entry on the next day CS.
For exit stoploss - close position if price closes below the bull candle.
Target profit - opening price CS @ fibo 1.618
On 9/8/2021, MOBILIA broke out 0.540 with significantly higher volume than previous 14 trading days. Before the breakout, a few good signs are shown; firstly, the price volatility. Price became less and less volatile (contraction in price spread). Secondly, the volume contracted as well. The volume and price spread contract since volume surged on 23/7/21 (starting...
Mobilia Holdings Bhd. engages in the design and manufacture of home furniture. It offers dining room, living room, and bedroom furniture. The company was founded in 2010 and is headquartered in Muar, Malaysia.