Robot shows the potential bottom since June and there were 3 short term uptrend wave after that.
Recently the strong signal shows the wave starting again, stop loss point is approximate 0.59. The short term resistance level is about 0.75.
There is no selling signal from robot mirage red/green candle, still can hold.
EP 0.485/0.49/0.495/0.51/0.52/0.525
TP 0.56
SL 0.46
Backtest result from 2022-08-02 10:00:00
32 trades
72% win rate
p.s: not a financial advice
#deepagiscreener #TAYOR #bursa
Price has broken the trendline on 20/07/2022 and formed pullback around the trendline area.
Would this indicates for MYX:TAFI to change direction to uptrend?
Potential entry:
RM0.38 - RM0.41
Resistance:
RM0.505 / RM0.54
Support:
RM0.375
Disclaimer: This trading idea is for education purpose only. This is not a buy call nor a stock recommendation. Please...
Can try to take a long position on TAFI as it appears to be have rebounded from 52-week low and a retest at fibo786. Potential EP retracement will be at 0400, CL below fibo786 and TP at fibo618 as per proposed trade plan.
TAFI
just analysis for study porpose
how the price react
very nice pattern
markup--distribute-- sideway --markup--distribute
sideway almost 2 week.
better wait for the price create HH and HL ( making setup based)
then find ur entry
Fundamental overall is losing company.But since last year,it showing some improvement of sales and profit.Technically just breakout horizontal resistant line of low cheat setup,but the volume is not convincing.
Sign of Strength in the chart:
1. No Supply Signal near 20ma
2. Right market stages in uptrend
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Just simple anaylsis
just break DTL
price already above horizontal support line
and EMA / MA 20
if the remains above the line, hgih potential to find next resistence
plan ur trade
MYX:TAFI
SWING: 2 DAYS TO 2 WEEKS
Breakout Downtrend Line
52 Weeks High Line
Fibbonaci Retracement
Candlestick Support & Resistant Zone
Trendline Support & Resistant
![TAFI: TAFI [9 November 2020] Buy On Dip in Support Zone](https://s3.tradingview.com/h/htlpyDvX_mid.png "TAFI [9 November 2020] Buy On Dip in Support Zone")
