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ycchen2288

LUXCHEM - short term trading

LUXCHEM CORPORATION BHD (MYX:LUXCHEM)  
ycchen2288 Updated   
MYX:LUXCHEM   LUXCHEM CORPORATION BHD
Support and Resistance
3
0
supportandresistance
short term trading opportunity building. If @1H price finds support at RM 0.645, buy support. SL1 RM0.615.
Comment:
TP : 0.745
Trade active:
buy breaking high of RM0.67, TP1 RM0.745
Comment:
approaching TP1 ; RM0.745, move SL to RM0.670
Comment:
price movement encouraging, move to SL+ @ 0.745, TP2 : RM0.88
Comment:
RM0.88 (TP2) reached. Close 50% position, move SL+ to RM0.815.
Trade closed: stop reached:
position closed on 14/7/2020, hit SL+ at RM0.815.

Waiting for another swing opportunity.
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