adamkhoosk

MFLOUR entering STAGE 2

Long
adamkhoosk Updated   
MYX:MFLOUR   MALAYAN FLOUR MILLS BHD
MFLOUR i traded back then in Jan 2021. Exact date will be 18 Jan 2021 when the chart setting up VCP. The trade went pretty good profit ~30%+

The chart after that went to Stage 4 downtrend since Feb 2021 till Nov 2022 (which is 600 days+). During this period of time, it is not appearing in the screener at all.

End Nov 2022, volume and price both kick in and the chart currently back to Stage 2.

Recently, this stock keep pop up in my screener. Is time to monitor this stock if VCP will set up again. Will keep update this stock if there is any movement.

If anyone got any questions, feel free to comment.

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Comment:
Pull back, natural reaction. Waiting
Trade active:
Volume entering this morning. see if able to sustain till market closure or not.

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