as we can see in chart, currently market trying to create C&H or C only.
To enter trade, not best time till the market show us the pattern and movement.
MYX:NTPM
SWING: 2 DAYS TO 2 WEEKS
Breakout Downtrend Line
52 Weeks High Line
Fibbonaci Retracement
Candlestick Support & Resistant Zone
Trendline Support & Resistant
This counter has a very strong FA with profit increased from the previous quarter and give a good dividend yield.
TA analysis has shown that today, the trader took the profit and will continue to climb up.
Uptrend stock
highly recommended
P: 0.76
C: 0.70
T1: 0.80
T2: 1.00
My View on NTPM Holdings. There are failed HNS on the left which become my decision point of entry for this counter. On the right side there are tiny base - purple zone which in line with failed left shoulder. Price approach to this decision point looks good. Angle 45 degree
NTPM - Bullish candle with substantially strong buying interest, affirming the stock support at MA50/ 0.415, indicators are pointing for further upside. Further trading interest shall propel the stock towards MA200. Any chance to breakout from MA200 will generate stronger momentum for the stock. Next resistance at 0.49.
![NTPM: NTPM [19 October 2020] Buy On Resistant Zone Break Out](https://s3.tradingview.com/q/QpWje54g_mid.png "NTPM [19 October 2020] Buy On Resistant Zone Break Out")
