Already break resistance @0.18. If price maintained above 0.18, can take long position @0.235.
P/s: This is not Buy/Sell call. All analysis is based on personal TA. Please due diligence before enter any trade.
Mobilia look to rebound from bottom. Volume has start to kick in, MFI has start to move from oversold.
High Risk traders can accumulate from bottom.
Low Risk traders can wait for price to break 0.175 and MFI oscillate more than 50%.
Overall look for Long position at price 0.225.
Not a buy/sell call. Do your own research.
Good Luck traders.
- Volume spike with narrowing consolidation area
- Possible base consolidation around 1 year
- Low risk entry area with tight stop loss around previous Pivot Low
Disclaimer:
For discussion and sharing purpose only. NOT entry recommendation. Trade at your own risk.
#TAYOR
My plan by using BAT Pattern the target is around 0.886% of Fibo retracement X-A.
For next target TP2 is Crab pattern around 1.618%.
Stop Loss if price break below C level.
#TAYOR MYX:MOBILIA
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...
The stock trading upwards since Jun 2021
Oppoturnity trade since already break RBS and currently at pullback, lets monitor if it can reverse to next resistance and continue its uptrend
