SEDANIA -2021 rallied high stock from RM0.180 - RM1.70 -Price retraced into bearish downtrend price action from RM1.70 - RM0.290 in Year 2022. -Sideways traded within range of RM0.290 - RM0.520 in 2022. -Potential breakout price action trade to transition into a bull trend.
Critical level @ 0.195 Waiting for clear setup to go long with wave 5.
Hi Traders! Enjoy the wave 3 =) Wave 3 of 5 objective is set at 161.8% = 1.400 At what point am I wrong in the analysis? I'm wrong if price fall below the starting of wave 3 at 0.745 level. Happy trading!
SEDANIA - Rounding bottom formation, BB is slowly and steadily swinging further from MA200, indicating strength. Any chance the stock break above 0.235 shall unleash stronger momentum. Support is good at 0.22