Price closed above Daily Ichi cloud.
Price closed EMA200 with solid volume.
Shares heavy collected by EPF.
Therefore, ECONBHD have potential to break down trendline and go up.
MYX:ECONBHD
Uptrend
Slow Turtle Buy
FiFT +ve bull recharge
Atom Buy
Banker starting building position
Retail decreasing.
Can enter partial for parking first.
SL below 0.42
FA:
Solid parameters.
Institutional/Smart Money holding this stocks as well. (EPF , Tabung Haji, Amanah Raya)
TA/PA:
At 4H chart, ascending triangle.
Previously i entered at 0.39 and bagged sweet 34% profit. Plan to reenter to at the breakout.
Best Entry : Chart Pattern entry. 0.54
RRR: 1: 2 (conservative) ; CL 10% no negotiation.
ECONBHD
Rst: 0.535
Spp: 0.485
Consider as consolidation above rounding bottom level which is deemed positive. The challenge is whether it can break upper BB.
ECONBHD - Attempt to depart from 0.755 hit strong resistance, but luckily indicators still remain strong, Stochastic continue to head north. It must successfully push towards upper BB to allow further upside to kick in.
ECONBHD - Bullish breakout & is now slowly confirmed with latest candles continue to stake alongside MA50. Support is good at 0.73, resistance at 0.78 to 0.825
