DISCLAIMER: FOR STUDY PURPOSE ONLY Trade at your own risk MYX:MQTECH
I dont think this is a good idea,cos the company is not making money.But just give it a try.Technically just break major trendline with high volume,and close above 200MA line.price might return to the horizontal support line before make any higher movement.Or possible no retracement and become pump and dump counter.lets see if it success
hidden divergence on weekly chart with stochastic crossing at oversold region daily, follow ma50
Currently the price has comeback to the all time / daily support line, this might be the opportunity to long for short-term on this counter. If the price keep falling, we can either re-average the price or CL at the 0.095 zone and 0.075. Do bear in mind that it is in the sideway pattern which we could take this opportunity to gain some earning: Buy Low Sell...
Hello Traders around the World and Malaysia, I am currently learning Technical Analysis , and this analysis is what I call ("Learning Notes"). Any sort of constructive comments on my analysis are very much welcome and will be greatly appreciated. Let us learn together, and grow together to be a better trader! Sincerely, Kenneth Lee This is not a...
We observed breakout of descending triangle (+25%) with highest TP of 0.3 (+77% gain) EP 0.170 TP 0.195, 0.255, 0.300 (triangle opening) SL 0.145 RRR 1:1 Speed: Fast with only 503M shares float (69% of 730M shares) Sentiment: China Covid-19 vaccine Source mida.gov.my Please exercise strict trading plan when trading penny stock. TAYOR
THIS COUNTER IS ON BULLISH MODE. POSSIBLE TESTING NEAREST SUPPLY ZONE @0.195, IN MID TERM. SL@0.105. TAYOR!
Mqtech ni antara kaunter yg agak kurang transaksi dalam 1 hari. Tetapi sekali masuk volume, dia akan pergi terus beberapa bid. Cantik juga beli di paras Lower BB. Adakah sudah sampai masa akan fly semula? Sama2 saksikan. TAYOR : Trade At Your Own Risk
- Price dh touch up trendline. - price dh break downtrendline dan retest kt up trendline. - volume dh makin berkurangan . - stochastic dekat area oversold. **Penafian: Kajian hanya untuk tujuan pembelajaran sahaje. Tiada " Buy Call" diberikan
mula menunjukkan simptom break trend, insyaallah jika betul murah rezeki nnti
MQTECH IS ON OVERSOLD TERRITORY. WITH VOLUME, MQTECH IS POSSIBLE TO BREAK SYMMETRICAL TRIANGLE PATTERN AND MOVE HIGHER TO TEST 0.225 SOON. PROFIT 1:3 WITH STOPLOSS @ 0.105. TAYOR!
MQTECH ALREADY ON SUPPORT LEVEL @ 0.618 FIBO LEVEL. POTENTIALLY TEST 0.170 IN SHORT TERM. TRADE@YOUR OWN RISK (TAYOR)!
1. Breaking dowtrend line 2. Candle above moving average line (bearish to bullish signal) 3. Rsi cross 50 line
MQTECH LIKELY TO REBOUND BACK WAIT CONFIRMATION ON TOMORROW (6/10/2020) ON VOLUME AND CANDLE. FIRST SUPPORT 0.12 SECOND SUPPORT 0.11 FIRST TP 0.13 SECOND TP 0.14 THIRD TP 0.15 FOURTH TP 0.17 FIFTH TP 0.22 SIXTH TP 0.235
Pattern combined with bullish engulfing candle plus undersold stochastic, but with lesser volume, is it enough to counter the current wave trend?