- Respecting trend line - Possible box/reaccumulation breakout - Sentiment > testing psychological RM50 - Moving averages looking good - Swing for 7% in 1-2 months
After a good breakout yesterday, MPI is looking good for another breakout play once it breaks the 43.80 resistance. As long as they don't violate the support, MPI should be looking good to break new ATH again.
Note. - There is possible goin sideway on this counter. Seek best entry exit
MPI Acquired Unusual Volume in TF(1H) MPI acquired unusual volume today (19/3/2021). The unusual volume can be detected in TF(1H) in the evening. Is this the right time for MPI to fly high? Let's watch it together next week. This is not a buy call but just an idea for educational purpose only. Disclaimer: Trade at Your Own Risk (TAYOR)
Great counter to swing for long term, bullish trend starting from July 2020. Looking good!
MYX:MPI SWING: 2 DAYS TO 2 WEEKS Breakout Downtrend Line 52 Weeks High Line Fibbonaci Retracement Candlestick Support & Resistant Zone Trendline Support & Resistant