Shows increasing EPS YOY also for the last 2 quarters.Wait for a breakout of horizontal line with high volume
MRCB has created new HL on daily chart, possible to rebounce, however need to break weekly DTL
Personally, what I learnt is there must be a Technical Analysis Strategic Plan in order to increase the risk-to-ratios favourable risks. 1. Draw Support & Resistance 2. Identify the stages (Accumulation, Advancing, Distribution, Declining) 3. Entry Triggers 4. Stop Loss 5. Exits I have learnt during my past mistakes that we should let the stock price comes to...
Personally, what I learnt is there must be a Technical Analysis Strategic Plan in order to increase the risk-to-ratios favourable risks. 1. Draw Support & Resistance 2. Identify the stages (Accumulation, Advancing, Distribution, Declining) 3. Entry Triggers 4. Stop Loss 5. Exits I have learnt during my past mistakes that we should let the stock price comes to...
MRCB look nice to rebound. Already tested short DTL. Price just crossed EMA200 and above EMA50. MRCB has the potential to go up and to test the next DTL around 0.720. (Just for research & learning)
MYX:MRCB CUP & HANDLE UPTREND BOD TURTLE LOW RISK MCDX+ 25% BANKER
Since weekly chart ady cross EMA21, can buy now to speculate will bull real soon
Waiting for breakout symentrical triangle. Trigger for huge volume
MRCB just recently breakout it cup formation with strong resistance of 0.510 My target price will be around 0.630
Trade ideas for this counter. Trendline BO and hopefully it will retrace a little before buy again. CL if below 0.425. Happy Trading TAYOR
Following a reversal V-bottom chart pattern, MRCB has been moving in a range bound below 0.60 for almost a year. The share has completed several reversal setup and recently, closed above a valid DTL. Our price target is at 0.80. Key support 0.355 Disclaimer: Our content is intended to be used and must be used for technical analysis education purposes only.
After releasing an excellent QR report (QoQ: +2824%) on 25-Feb, MRCB looking good to go upside. Price just crossed EMA50 with solid volume. Future Ichi cloud narrowed and looking to turn green. The first resistance is down trendline or EMA200, if break, potential to swing long.
My 2 selections of entry zone. I will enter my position when 1) 15M TimeFrame stoch goes into Oversold area. 2) Reversal in oversold area 3) Pups/Mini pups in stoch 4) Formation of Cup n Handle 5) Entry when bearish volume turns weaker than the next bullish candle. Others: SMA's
MRCB in uptrend, depending on construction overview next week.. Not buy/sell call,trade with own risk..TAYOR.
TP: 0.79 SL: Daily close below 0.35 Disclaimer: Our content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment base on your own personal circumstances. The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of...
LOOKING AT 0.455 FOR IMMEDIATE RESISTANCE BEFORE RETEST AT 0.47. VOLUME STILL NOT ENOUGH TO PUSH FUTHER. LETS MONITOR THIS STOCK FOR THIS WEEK