Zelan already closed the gap and rebound to 150 before dipped to 110 and stochastic is already oversold.
can keep this counter in the W.List for EP as the Elliot Wave might have touch its low before rebounding.
Waiting for VR above 1.0 to enter.
1. Fresh Breakout at 16 sen. Wait until Signal of Strength appear with high volume.
2. Price moving in a channel. Maybe will test 8.5 sen at support first.
TP1: 0.19
TP2: 0.29
SL: 0.075
HAPPY NEW YEAR 2021!!🎉🎉
Disclaimer: Our content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment base on your own personal circumstances. The content on this analysis is subject to change at any time without notice, and is provided for...
Currently, my price sitting at 0.113. Looking for it to break & go next level from this current zone.
Disclaimer: If you choose to follow this trading idea you do so at your own risk after giving thorough and reasonable thought and consideration to your actions. All trading is high risk and one of the most difficult activities you will ever consider. Don’t trade...
Disclaimer: This is not a buy call but for learning purpose
Technical analysis
Testing next resistance
Price at EMA 20
RSI & ZL-MACD above centerline
Trading idea (entry if breakout)
Entry price: 0.130
Cut loss: 0.120
TP1: 0.150
TP2: 0.170
MYX:ZELAN has been breaking up trendline resistance and might continue to do so especially given the sectoral comeback post-budget 2021 which saw some bullishness towards construction sector.
Any pullback can be strategically averaged down as long as it does not break below .10.
DISCLAIMER: This is not an investment advice nor a buy call. This is just some...
