MTAG appears to be in accumulation stage between 0.41-0.43 for the past 2 months. It has a good support at EMA50 and potential upward with TP 0.45 and 0.48.
On the 1sth of Sept Filter 3 appeared but the following candles failed to break filter 3 high and started the pullback. Now the pullback seems the pullback has completed. If the price breaks 0.445 (1 month high), it will be more likely to create new higher high. TAYOR.
MTAG price become STAGE 4 and gone down 50% since 15 Feb 2021. MTAG price at STAGE 1 for almost 1 year. Recently seeing volume spike with price spike indicating MTAG entering STAGE 2. Overall setup looks good! Will it sustain and go up further? Let's monitor. Disclaimer: Information presented here is not intended to be used as the sole basis of any...
Currently pullback after made a breakaway gap and bo accumulation. Now forming a falling wedge pattern with low volume. I'm forecasting this stock could rally soon after gain momentum. Watch closely
Trading Idea MTAG (1/9/2021) - Breakout momentum - Opportunity to take position at current price with ideal risk-reward. Disclaimer: This trading idea is strictly intended for educational purposes only so please do your own analysis before making any investment decision.
1. Weekly uptrend EMA 10>EMA 30. Most probably start to make Wave 5. 2. H4 price breakout strong resistance and become support at RM0.8. Retraced to that level and hammer with bullish candle formed confirming the expected reversal (wave 2). Price above EMA 200. 3. Bursa marketplace rating 6 CTP RM0.98 (4 buys), isaham 10.4 (fundamental in red but profitable), i3...
NO INVESTMENT ADVICE IS PROVIDED DISCLAIMER Please consider your own interpretation of Opportunity & Risk. The author of this post strictly follows the Malaysian Security Commission ( SC ) Guidelines on the prohibition of Investment Advice by unlicensed parties. Any examples shall use historical charts without any recommendations and not to cause inducement to...
Trading Idea MTAG (11/ 01 /2020) Entry: 0.69/0.70 Target: 0.76 Stop Loss: < 0.66 Disclaimer: The above trading idea is intended only for the use of informational purposes as the price movement is highly subjected to the stock market sentiment. Therefore, please do your own analysis before making any investment decision.
Another stock that current with VCP development. C1: ~40% C2: ~16% C3: ~6% C4: ~6% As VCP related to demand vs supply. Seem like supply is not that much now with volume decreasing. Awaiting huge demand to come in and push the price up! Will take off anytime soon. First support: 0.720 and second support 0.705 Disclaimer: Not a buy call suggestion, trade with...
Mtag 8/8/2020 Today high 1.220, predicted 1.200 1 day earlier. Potential V -Top Mtag 6/8/2020 Target at 1.200 , but if speculation comes in , it may goes higher here
Another attempt to break this major resistance level again. Breaking this 0.580 resistance level is crucial to keep investor momentum going and in order to chart higher highs and lows in the near future. Another major resistance level after that would be at 0.625 area. Will need to monitor first. Personally i think it is only worth entering if it breaks above 0.625.