Uptrend is still there, can the share price continue going up? Let's see... Trade at your own risk
This is not a buy call! EP: 0430/0435 CL : 0415/0410 TP : 0450/ TP2: 0480 Weekly show early uptrend.. (ema cross) Good stock for swing..
MESTRON spotted in bullish flag formation and bat harmonic pattern which rebounded at fibo886.
- If BO DTL + high vol ,possible price will go higher - If breakdown the trendline ,can ignore or CL - Noted : Last date for BI on 9 august 2021 ,price will be adjusted
MYX:MESTRON Today, refer to EPRAF indicator, MESTRON has just started a new uptrend phase. With good MACD signal and stochastic level above 60, MESTRON will go hinger than before.
Nice one breakout. AGM on tomorrow (18/06/2021) , Voting for Free warrant Risk reward ratio consider ok. 2.88 Last support : RM 0.360 - RM 0.375 1st Target : RM 0.525 2ns Target : RM 0.565
buy on DIP super steel manufactory demand high supply Mestro 0.42 buy 0.46 , 0.48 , 0.50 TP 0.345 SL
MESTRON Rst: 0.44 Spp: 0.39 Uptrend is clearly supported even though the stock experienced heavy swing during last week selloff, stock that manages to recoup above middle BB, signals for stronger momentum.
Mestron. Jika mampu breakout 0.40 akan ke TP seterusnya 0.430/0.450. Volume buy masih solid di dalam Mestron. Sekadar kajian saja.
MESTRON Rst: 0.49 Spp: 0.39 Successfully forged its support at Fibo Ext 161.8%, meaning the stock is now ready to venture further towards 0.49, broad BB formation can facilitate the move.
MESTRON potential cup and handle formation break out. Recent immediate down trendline break with volume. Current price at 0.215 surfing downtrend line. Breakout from 0.230 indicates bullish momentum. MESTRON has a good business model with profitable YoY profits. Recently announced QR profit RM3.1 mil with dividen RM0.0015/share Good prospect in Construction,...
2 times MESTRON tried to break 0.29, and today it did. It went up to 0.30 and retraced, I bought it at 0.295 Entry: 0.295 (1st) SL: 0.27 support TP: 0.310 (10% target only) Let's see how it goes DISCLAIMER: The idea is made public for discussion purpose only, not for buy-call. Each entry I made in this journal is for my own educational purpose and record keeping.
Looking at weekly chart with support @ 0.160 cup and handle formation completed. Possible retesting resistant @ 0.20 level if break further rally will follow ..long term I'm bullish...
This is the 5th time it tries to break the 0.245 prices. Will it able to break it? and reach a new high? Monitor and ready to ride the trend...