EASY123 Prediction @MYX PERMAJU

Life is simple...Trade with Simplicity!

*Trend direction: BOTTOM - Formed bottom pattern (Double bottom was observed)
*Bottom signal (Yellow-Diamond "BT" on 06-Jul) was sighted on our chart.
*Turning points (White-candle) have appeared on 07-Jul, an indication of the price revert to upward direction.
*White-Diamond appeared on 16-Jul, an indication of strong momentum acceleration.

Prediction: Once the price can break the immediate resistance RM0.355 it will rally to the next level.
*The rally anticipate able to goes up 2 fold from our turning point (RM0.35)

Preference Strategy: Swing trading (Follow the BUY/SELL Signal respectively).
Target Price: R1=0.38-0.44, R2=0.51-0.58
Support/Cut Loss: S1=0.26-0.24

*Reminder TP & CL is an individual preference & decision. No fixed rule or guideline for it...Trade at your own risk.
*If you are interested in our trading template. Feel free to drop us a message, we are happy to share with you.

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.
*White-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:

PERMAJU, as this counter price below our Lifeline(Redline), as a downtrend counter. Its bottom position supported at 0.24 (critical support) and moving sideways along this region. This is only suitable for mid to long term opportunists.
*Short & Supershort term trader should keep out of it.

Disclaimer: This is not a Buy or Sell suggestion but solely sharing information. Trade at your own risk.

Good luck & Happy Trading!

Trade closed: target reached:

This ticker has hit 0.46 which exceeded our R1 (0.38) on 03-Sept. Congratulate to our followers.
We are closing this trade since it has lost it momentum break below the critical support.

Good luck & Happy Trading!

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