MYEG. Lost “big cxxxxxxxx”? 13/ Feb/23.MYEG possible forming a triangle in wave a (green), where It May take few years to build a “base” @ 0.285 +/- before a “new rally “ for ATH.
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About MY E.G. SERVICES BHD
Sector
Technology Services
Industry
Information Technology Services
CEO
Thean Soon Wong
Website
myeg.com.my
Headquarters
Petaling Jaya
Employees
2.308K
Founded
2000
ISIN
MYQ0138OO006
My E.G. Services Bhd. is an investment holding company, which engages in the development and implementation of electronic government services project and provision of other related services. The company was founded by Thean Soon Wong on February 17, 2000 and is headquartered in Petaling Jaya, Malaysia.
MYEG: Breakout downtrendline#MYEG (CASE STUDY)
SETUP Breakout downtrendline w+ rally base rally
TP1: 1.01-1.05
Lets monitor closely!
*Personal opinion trade at your own risk*
MYEGEP 0.825
TP 0.86
SL 0.775
Backtest result from 2022-09-01 14:30:00
12 trades
83% win rate
p.s: not a financial advice
#deepagiscreener #TAYOR #bursa
An Uptrend Pattern!The candlestick pattern indicates an uptrend pattern backed by the MACD indicators which indicate a divergence signal without volume supports the price momentum.
RSI indicator shows continuous buying pressure due to fresh buying interest from the trader.
The price Point of Control (PoC) is 0.860 i
MYEG: POTENTIAL UPWARD PROFIT 12%MYEG is forming a nice HH and HL and finding support level at 0.83, however volume is still low, if next bar show better volume can potential for an upward breakout to reach 1st resistance level at 0.91 and 2nd resistance level at 0.96.
MYEG - Formation of bullish butterfly pattern?Price is currently at demand area and formed potential rejection on 26/07/2022.
Could this demand area and harmonic bullish butterfly pattern indicates potential reversal for MYEG?
Potential entry:
1) RM0.74 / RM0.745
2) RM0.675 - RM0.685
Resistance:
RM0.805 / RM0.835
Support:
RM0.74 / RM0.675
D
A Divergence Signal!The candlestick indicates a divergence signal where the price toward the MA20 line with high volume confirms the trend.
The RSI indicates a positive momentum toward indexes 50 with a high gain during the previous trade.
OBV and MACD indicate a divergence signal hence confirming the price uptrend t
MYEG IN EW ABC CORRECTIVE ZONE IN DAILY AND FIBO50 IN WEEKLYOne can consider to take a long position on MYEG where it is spotted rebounding from 52-week low in EW ABC corrective zone where it has completed the 5 sequence. if seen in weekly chart, the said rebound is actually at fibo50, where the last candle is a hammer, further indicating a high reversal pot
Technical Trade On MYEG @ 1st June 2022Supp 0.850 to 0.870
Rst 0.96 & 1.00
Sideway chart pattern
Macd positive area
Follow the candle movement will do.
CHEAT SETUP MYEGIncreasing latest QOQ and YOY sales and profit.price has just break the horizontal line with higher than average volume
See all ideas
This info isn't a recommendation for what you should personally do, so please don't take the data as investment advice. As with any trade, always look first, then leap. Read more in the Terms of Use.
