Buy signal triggered based on MRV1 setup at RM0.115;
20% target at RM0.140; stop loss at RM0.100;
2-3 months due to the signal based on the daily timeframe. The first buy signal after shares consolidation. Could be price movement messing with the reading but should be fine after a little bit chaos in momentum reading after consolidation late May.
**Only for...
Date Analysis 07.09.2021
EP: 0.035
TP1: 0.05
TP2: 0.075
TP3: 0.125
Strong Support 0.03
MACD bullish divergence
loss is real. Trade at your own risk
For study purpose only...
GOCEAN is now on a major pullback and riding the downtrend parallel channel.
Stochastic shows a probably short uptrend with MACD still not showing any sign of breakout.
Nearest resistance is 0.225, with support of 0.15 (RRR 2:1 - not a good entry).
On lower timeframe, it seems to be making a limited upside testing the resistance 0.225. With enough volume, it could...
Breakout 2 resistance with high volume. Harga hari ini close di atas EMA200 menandakan terlah berlakunya trend reversal.
MACD melonjak ke atas line 0.000 menandakan bullish momentum dan ada EMA golden cross.
Sesuai untuk mid term swing. Harga yang dituju adalah 0.270/0.295
#SekadarKajian
#BukanBuycall
#TAYOR
GO OCEAN POSSIBLE BUY @ (0.65-0.190) TARGETTING 0.28 WITH STOPLOSS @0.160. PLEASE BE AWARE OF POSSIBLE MOVE LOWER TO THE DEMAND ZONE @ 0.130.
TRADE @ YOUR ON RISK (TAYOR!)
