EASY123 Prediction @MYX SPSETIA

Life is simple...Trade with Simplicity!

*The Trend direction: Rebound UPTREND - as Higher-High & Higher Low was observed (Green background region).
*Rebound Uptrend = interim uptrend, as the Price is still close below our lifeline (Redline).
*Bottom signal was sighted on 25-Mar.
*Numerous turning points (Purple-candle) have appeared, a strong indication of the price will revert to upward direction.
*The accelerate signal (White-Diamond) has sighted on 16-Apr, a strong indication of the strong buying momentum.
*The "take-off" signal (Yellow-candle + Alert-Bell) has sighted on 23-Apr, an indication of strong buying momentum.

Prediction: The current price will try to test the immediate resistance R1. The crucial point, the price must break R1 to take-off to the next level.

Preference Strategy: Swing trading (Follow the BUY/SELL Signal respectively).
Target Price: R1=0.88-93 & R2=1.08-1.11
Support/Cut Loss: S1=0.76 & S2=0.69
*Crucial Support level S3=0.55, this support must not be broke in order to maintain the uptrend.

*Reminder TP & CL is an individual preference & decision. No fixed rule or guideline for it...Trade at your own risk.

Signal's Interpretation:
BUY Signal:-
*Green-Background = Indication of an Uptrend
*BT-Yellow-Diamond + White-Candle = Indication of Bottom signal.
*Green-Upward-Triangle = Indication of Hot-seller, potentially a Bottom signal.
*White-Diamond = Indication of a strong upward momentum accelerator.
*Purple-Candle = Indication of a strong turning point or a trend reversal.
*Yellow-Candle + Alert-Bell = Indication of Price take-off area.

SELL Signal:-
*Red-Background = Indication of a Downtrend.
*Red-Dot = Indication of Hot-buyer, potentially a Top signal
*Blue-Candle = Indication of Price selling off area.

Zlecenie aktywne:

It reached our target (RM1.08) after a long sideways movement after our posting. (Profit-taking)
Very testing of the investors patient, this is the "Stock" market!
Prediction: after the strong rally, it will pull back and correction (RM0.92-0.88)
Trade remained active, as its uptrend pattern Higher-High & Higher-Low is still intact.

Good luck & Happy Trading!

Anulowano zlecenie:

It is on technical correction and strongly supported exactly on our lifeline (Redline) as well as the bottom of the BOX pattern.
Until it breaks out the BOX 1.08 to initiate the entry. Else abandon when it breaks out the bottom of the BOX.

*We choose to quit this ticker as not our preference on sideways trade.

*You can drop a message to us if you are interested to try out our trading signal.
Good luck & Happy Trading!