Simply_Is_Beauty

EASY123 Prediction @MYX MCLEAN

Long
MYX:MCLEAN   MCLEAN TECHNOLOGIES BERHAD
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*The Trend direction: UPTREND - as Higher-High & Higher Low was observed (Green background region).
*The price has break-up and stand above our lifeline (Redline) on 27-Apr.
*Bottom signal (Green-upward triangle) was sighted on 19-Mar.
*Turning points (Purple-candle) have appeared on 27-Mar & 24-Apr, an indication of the price revert to upward direction.
*The accelerate signal (White-Diamond) was sighted on 25-Mar & 24-Apr, an indication of the strong buying momentum.
*A Yellow-candle + Alert Bell has appeared on 27-Apr, an indication of price potentially take-off.

Prediction: The current price was pullback and supported by our lifeline (Redline) region after it breakup on 27-Apr.
Once it breaks this immediate resistance R0.225 it will take-off to the next level.
*Otherwise, it will hover sideways within a range between 0.225 - 0.16

Preference Strategy: Swing trading (Follow the BUY/SELL Signal respectively).
Target Price: R1=0.26-30 & R2=0.33-38
Support/Cut Loss: S1=0.15

*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 = 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.
Trade active:
It reached and exceed the pre-high (0.225) right after 2 days we have posted. (Profit-taking)
It is now on correction (possible ABC corrective wave) So immediate support 0.16 is a critical support to maintain it Uptrend direction.
Trade maintains active if it is able to support our drawn support lines.

Good luck & Happy trading!
Trade closed manually:
It is still moving within the BOX pattern range 0.21-0.175.
We will quit this ticker, as not our preference to waste our time in the sideways pattern.

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

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