This company have a good fundamental. Quarterly report is profitable, cash flow is good, making net profit, balance float is lesser than 30%. In technical, I will wait at possibly 0.475 and 0.425 which I expect it will rebound 200MA.
Steady uptrend along trendline. We can see some divergence forming. ATH is at 0.69
Monitor area 0.650-0.635.Cutloss apabila candle daily close bawah 0.635.
RGTBHD HAS BEEN MOVING IN UPTREND MOOD SINCE MARCH 2020 AND IS EYEING TO BREAK ALL-TIME HIGH RESISTANCE.
MYX:RGTBHD Last week (27/11/2020) RGTBHD closed at the Uptrend line support level. It is very interesting for us to wait and see next week to ensure the Validity and strength of the support. We can say that RGTBHD is doing a "correction" of the price at around RM 0.610 - RM 0.615. Thus, it clearly shows that it is a healthy price uptrend. If there is a rebound...
Selling pressure dah habis dan hari ini memulakan kenaikan semula. Harga close diatas EMA9. Banker chip full, MACD diatas 0.000 menandakan masih dlm bullish momentum, dan Stochastic menunjukan berada dalam keadaan oversold. Masih cantik mengikut ayunan trendlinenya, dijangka akan terus membuat pendakian esok. #SekadarKajian #BukanBuycall #TradeAtYourOwnRisk
My View , by looking at the chart, RGTBHD (TF DAILY) - uptrend mode, direction UP (ride til bend (lifeline on 3 redlines) - now retrace to nearest Support, in this trade idea is the EMA7(S1), EMA21(S2) and last at the LIFELINE (3 layer or red EMAS) - the price relatif (indicator below) also on retrace and currently have stayed for a long time at top. Only ideas...
EP : 0.645 TP 1 : 0.670 TP2 : 0.680 S1: 0.625 S2: 0.61 CL: 0.60
HHHL Y1> 2 W&R; criteria 1 TP @ 0.645 TP @ 0.420
RGTBHD Rst: 0.515/ 0.54 Spp: 0.48 Consolidation stage, probably ripe for rebound but this can only ride for quick trade as liquidity is low and BB is narrow.
Another add to MYX:SCOMNET with nice trendline is MYX:RGTBHD . The trendline is good. Slow Stochastic is crossing up the fast. EMA20 on top of EMA50, on top of EMA200 - trending nicely. It is quite safe to enter at market open or to confirm at 0.49.
+Nicely trend and Pullback into Fibo 0.618/Trendline and EMA20 +Hammer formed at the area of support confluences =However, there is NO Fast Turtle Buy signal to confirm reversal. =0.43 area MIGHT be resistance turned support zone. +Volume is decreasing which might indicating exhausted selling. +FiFT are still +ve. Bull force are still in control =ATOM is...
RGTBHD akan membuat final push untuk menuju Eliott 5. Semua point bergerak seiring dengan fibonaci level. Good Luck untuk yang masuk awal.