Simply_Is_Beauty

EASY123 Prediction @MYX TECFAST

Long
MYX:TECFAST   None
Life is simple...Trade with Simplicity!

*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 28-Apr.
*Bottom signal (Green-upward triangle) was sighted on 19-Mar.
*Turning points (Purple-candle) have appeared on 27-Mar, 14-Apr & 22-Apr, an indication of the price revert to upward direction.
*The accelerate signal (White-Diamond) was sighted on 27-Mar, an indication of the strong buying momentum.
*A Yellow-candle + Alert Bell has appeared on 28-Apr, an indication of price potentially take-off.

Prediction: The price broke out our lifeline (resistance) on 28-Apr and pullback supported by our lifeline (Redline) region.
Once it breaks this immediate resistance R0.405 it will take-off to the next level.
*Otherwise, it will hover sideways within a range between 0.405 - 0.33

Preference Strategy: Swing trading (Follow the BUY/SELL Signal respectively).
Target Price: R1=0.44-48 & R2=0.55-58
Support/Cut Loss: S1=0.33 & S2=0.285

*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:
1st profit-taking point hit right on the next trading day 13-May of the posting.
Its pullback and a Buy Call signal come out on 22-May then follow a rally to a new high on 27-May. (2nd profit-taking point)
It Up trends still intact with clearly Higher-High and Higher-Low.
So the trade position still maintains active towards the predicted resistance.

Good luck & Happy Trading!
Trade active:
3rd profit-taking point on 11-Jun when it hit our R1 0.44.
It is on technical correction and supported at our lifeline (Redline).
It is creating a BOX pattern and moving sideways on range 0.44-0.33.
Until it breaks out the BOX, we will initiate the entry. Else we will abandon this ticker if it breaks below the BOX.

*You can drop a message to us if you are interested to try out our trading signal.
Good luck & Happy Trading!
Trade closed manually:
TECFAST. it trend moves along the BOX sideways pattern. Hence, we are closing the trade & waste no time on it.

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

Good luck & Happy Trading!

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