MJPERAK is at channel bottom and need to break 38.5 sen with volume to confirm reversal.
Trading Idea MAJUPERAK (11/3/2021) - Potential breakout - Buy on dip (yellow zone) - Target and stoploss as drawn Disclaimer: This trading idea is strictly intended for informational purposes only so please do your own analysis before making any investment decision.
higher lows and higher high forming an ascending trend channel for MJPERAK. Yesterday, MJPERAK forming a huge green candle giving us a signal that buyers are stepping in. My prediction for MJPERAK is the price will reach 0.48 (in chart i draw the resistance line at 0.49) or maybe even 0.5 if the price keep showing a strong bullish move. FOR LEARNING PURPOSES ONLY...
Strength in the chart: 1. Low volume at support 2. Spring & Test bar 3. Likely to re-test resistance Hit the "LIKE" button to support us :) 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
Strength in the chart: 1. COMBO Pattern = Green Pentagon + Spring 2. Good support after breakout Hit the "LIKE" button to support us :) 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