Comment : 1) FundFlow+ indicator - Fundflow candle still going through below zero/negative flow area 2) Tricol+ indicator - Weak, banker bar has very little while retailers bar (turquoise) has more than 50% 3) IF MRDIY able to broke through above neckline f, in that case target 1.500 is no longer relevant Support & Resistance : S : MYR1.500 R : Neckline f &...
Consider to study, analyze and monitor MRDIY in its current daily chart where it appears to have formed an inverted head and shoulders pattern.
MRDIY closed above the down-trendline again (2nd attempt) on 11/2/2022 (1st attempt not successful on 10-Jan-2022) Look forward the price continue to go uptrend as long it doesn't fell below @3.63 Target Price (TP1) : 5.23 Disclaimer: This published Idea is solely for the purpose of opinion sharing only, and should not be used as investment advice or...
Just a newbie here. What I can see is the chart today is similar to the one on the left side. I will wait for 2 more candlesticks for confirmation before entry.
MRDIY looking good on the VCP setup with healthy price/volume interaction. C1: -23% C2: -8% C3: -3% Attack soon? Let's monitor. Disclaimer: Not buy call recommendation, just sharing on technical chart and pattern for education purpose. Trade at your own risk.
Just like the H&S Top , in the inverted version there are 3 distinct bottom with the head a bit lower than both of the two shoulders. The wave 3 has started. volume BIC.
Resistance 1 : 4.00 Support 1 : 3.60 Support 2 : 3.27 MRDIY must stand above 3.60 in order to continue the uptrend. If not, MRDIY will look back Support_2 : 3.27.
Mr Diy Weekly Elliot Wave, Monitor if Shown good sign
MR. DIY maybe is forming a bullish contracting triangle as price still ranging within a supply and demand zone
Resistance 1 : 4.00 Support 1 : 3.60 Support 2 : 3.27 MRDIY must stand above 3.60 in order to break first Resistance_1 : 4.00.
Resistance 2 : 4.38 Resistance 1 : 4.00 Support 1 : 3.60
Impending Entry to KLCI provides retail demand for institutional selling
Chart Patterns = The connecting of Past "Nature" Events/Dots → "Projected" Into Future Events /Dots. as it happens in "nature".. The future is cause by the past ← "Karma"...
Resistance 1 : 4.38 Support 1 : 4.00 Support 2 : 3.60 MRDIY must stand above 4.00, if not, will look Support 2 : 3.60
Mr. DIY price uptrend seem losing its momentum with squeezing price by forming ending diagonal pattern
Support 1 : 4.24 Support 2 : 4.00 Support 3 : 3.60
MRDIY Rst: 3.01 Spp: MA50 Evening doji formation, the violation of Fibo Ext 161.8% plus continued weakness among indicators, will charge the stock lower, we shall see retracement to continue towards MA50