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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...
All country is starving for LNG and crude oil, while as the MISC is the one largest shipping company sure benefit from this trend, if price break 7.0 surely it gonna fly, and seems the RSS volume is increasing since 22/2/2021 that made price break support price 6.70, let see whether the company will buy back their share to withstand the price to break from its support
MISC - Break RM6.51 (Down Trend & try entry at potential reverse point)
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(Disclaimer: for demonstrate own planned trade records study only and education purpose, not for recommend to buy or sell. Trade at your own risk)
MYX:MISC
SWING: 2 DAYS TO 2 WEEKS
Breakout Downtrend Line
52 Weeks High Line
Fibbonaci Retracement
Candlestick Support & Resistant Zone
Trendline Support & Resistant
MISC - The stock has staged for bullish pennant breakout with widening Bollinger Band. RSI & Stochastic going northward and MACD just done bullish crossover. Further upside can be expected. Support level at 7.98, while resistance level based on Fibonacci Extension, shall extend to between 8.34 to 8.56
![MISC: MISC [18 November 2020] Buy On Dip in Support Zone](https://s3.tradingview.com/3/3IGdZ7C9_mid.png "MISC [18 November 2020] Buy On Dip in Support Zone")
