CCLEE4236

CCLEE4236

Nice one breakout. AGM on tomorrow (18/06/2021) , Voting for Free warrant Risk reward ratio consider ok. 2.88 Last support : RM 0.360 - RM 0.375 1st Target : RM 0.525 2ns Target : RM 0.565

CCLEE4236

Find lower risk entry if it retrace later. As usual TP at fibonaci 4.236 (RM 0.670) and cut loss once it break fibonaci 0.0 (RM 0.370)

CCLEE4236

MA 20 as support short term line. This cycle will complete at RM 0.910 if RM0.560 dnt break. Find your own suitable risk reward zone.

CCLEE4236

Previous cycle complete. next TP follow this cycle. Find your own nice entry price.

CCLEE4236

Previous cycle complete. next TP follow this cycle. BTW risk reward ratio still not a good entry ATM.

CCLEE4236

Complete cycle. Resistance / TP Reached: RM 8.25(FIBO 4.236). High risk ATM, unless it breakout 8.25. Next TP only can confirm when breakout. Rebound at support: RM 7.32(FIBO 2.618) or (MA 25). Can take MA 25 as short term trend support line.

CCLEE4236

Grey color were support zone .

CCLEE4236

Red Color: Resistance line White color: Support zone

CCLEE4236

Undergoing 2nd cycle. TP: 1.30 Cut loss: close below 0.640 Price now: 0.860 (23 Oct 2020) Short term trend MA 25.

CCLEE4236

3rd cycle completed. Hit TP: 1.21.

CCLEE4236

Undergoing 3rd cycle 1st TP: 3.25 2nd TP: 3.42 1st support: 2.34 cut loss: 2.20 *Can use MA 60 as the short-middle term trending.

CCLEE4236

Undergoing 3rd cycle. 1st TP: 2.05 2nd TP: 2.24 Cut loss: 1.52

CCLEE4236

3rd cycle completed, need to wait confirmation breakout 3rd cycle (RM4.74) just suitable to enter. Else the risk is quit high atm.

CCLEE4236

Breakout 2nd cycle on Aug 2020, undergoing next cycle until the target price. Target Price: 3.69 - 3.79 Cut Loss: candle close below 2.82 Price now: 3.45 (23 Oct 2020)

CCLEE4236

Done first cycle Fibonacci (0-4.236), breakout first cycle on Sep 2020, undergoing next cycle until the target price. Target Price: 4.41 - 4.46 Cut Loss: candle close below 3.29 Price now: 3.68 (23 Oct 2020)