MYX:TIMECOM awaiting a breakout of RM5.70 to the upside. Initial targets being RM5.95 with stops below RM5.58.
These are my views and analysis and is only used for educational purposes. I am not a financial advisor.
Nothing in the information posted here is intended to be or should be interpreted as trading advice.
TIMECOM weekly chart observed below setup:
Left side: Double bottom (C1: -16%)
Right side: Higher low (C2: -9%; C3: -6%)
Can add into monitoring list. Wait to breakout C1 with good volume.
Disclaimer:
Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as advice designed to meet the...
MYX:TIMECOM
SWING: 2 DAYS TO 2 WEEKS
Breakout Downtrend Line
52 Weeks High Line
Fibbonaci Retracement
Candlestick Support & Resistant Zone
Trendline Support & Resistant
I would consider to go for long at these 2 spots. My number one priority to enter a position is when the stoch indicator in the bigger time frame (Daily >) start to cross up.
![TIMECOM: TIMECOM [2 November 2020] Buy On Dip in Support Zone](https://s3.tradingview.com/j/JRA92CJf_mid.png "TIMECOM [2 November 2020] Buy On Dip in Support Zone")
