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kennylim02134

simple analysis: bullish target zone from pullback fib extension

Long
MALAYAN BANKING BHD (MYX:MAYBANK)  
kennylim02134  
MYX:MAYBANK   MALAYAN BANKING BHD
Chart Patterns malaysia malaysiastockmarket
1
0
chartpattern malaysia malaysiastockmarket
medium term target zone: 9.6~9.8
long term target zone : 10.8~11.0

Target zones are confluent with existing SR zones (yellow)

Be patient to wait for another pullback to confluence of:
i) current support zone (green) ; &
ii) 21ema

before considering a long play.
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