Confirm breakout with high volume Now at wave 3 of elliot wave aiming at 1.168 fibonacci 640 scenario 1 buy when inside bar happen and cutloss below the mother bar Scenario 2 ( buy on retrace ) wait retrace to 610-620 adjust your cut loss below 595 Risk: Missed opportunity Long term target 735
Buy If Break : 590 Target : 615 - 640 SL : 570 Note : Jika ada label BUY / LONG / SELL / SHORT kalian boleh masuk atau exit jangan lupa minimal kalian bisa Basic Teknikal analysis
MMLP berpoten menguat ke 690 secara bandarmolgy BIG ACC
Some might think this is a descending triangle but looking at the volume created during the consolidation, I would say this is a Bullish Flag. Critical support to maintain is 600, with 700, 780, 900 as the resistances. In my opinion, it is very possible for MMLP to reach 1450(+128% from the current price) at the end of the year.
NB: DO MIND that These analyses I posted here are intended as my notes and not as investment recommendations or as financial advice! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view. LETS CUANN!!!