Just Simple Idea
Trade Wat You See
Current Price Not Ready To Buy
Due To Risk Reward Not Fair.
At Least Rrr 1:2
Can Wait The Price Reach The Mark Point
Sign of Strength in the chart:
Daily Chart
1. Green Pentagon
2. Cross 20/40ma
3. NS signal
Hourly Chart;
1. Green Pentagon above 20/40ma
2. Healthy Pullback
3. NS signal
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
Technical Analysis
Personally, what I learnt is there must be a Technical Analysis Strategic Plan in order to increase the risk-to-ratios favourable risks.
1. Draw Support & Resistance
2. Identify the stages (Accumulation, Advancing, Distribution, Declining)
3. Entry Triggers
4. Stop Loss
5. Exits
I have learnt during my past mistakes that we should let the...
Comfort found support at Fibonacci 1.618 after price plummeted since Aug. Price has successfully rebound and met resistance at 5.15. Our view is still bearish at the moment the the price has significantly close below MA50 coincide initial Dead cross formation, followed by losing momentum seen on MACD histogram.
Disclaimer: The content on this analysis is subject...
Recent support is indicated at MA100 while the resistance at MA50.
Taking position at current price has limited downside risk as the current price near to MA100.
Nevertheless, Comfort Glove is struggling to maintain above RM4.0 in the recent two high candlesticks. This could be deemed as a psychological resistance.
I believe the price movement will remain in a...
Red = downtrend
Yellow = consolidating
Green = uptrend
I think the uptrend is starting. Immediate support at RM4.6 area.
1st resistance around RM4.765
2nd resistance around RM4.925
P lease consider your own interpretation of Opportunity & Risk:
Green Arrow (Transparency = 0) = Representing Upside
Red Arrow (Transparency = 0) = Representing Downside
Green Arrow (Transparency = 30%) = Representing Alternate Price Path, or less probable outcomes
Red Arrow (Transparency = 30%) = Representing Alternate Price Path, or less probable outcomes
NO...
Take a look at the almost identical chart pattern for MYX:COMFORT , MYX:CAREPLS , MYX:SUPERMX & MYX:TOPGLOV .
If we have to choose only 1 from among this 4, which one should be better option?
I will choose MYX:COMFORT due to headroom between lowest low in downtrend and highest high prior to selloff last week.
COMFORT : 48% to go.
CAREPLS: 34% to...
COMFORT 1 Hour Chart::heart:
7/12/2020
Support : 3.03 , 3.30
Resistance : around 3.75, 3.95
Volume already lowered down from end-Jun / 6-July level
Momentum kept swinging from positive/negative side (currently is slightly negative)
Still faced resistance with the gap around 3.75( twice/third time already).
3.50 acts as short-term support level for COMFORT and...
![COMFORT: COMFORT [14 October 2020] Buy On Resistant Zone Break Out](https://s3.tradingview.com/k/kmymHI8x_mid.png "COMFORT [14 October 2020] Buy On Resistant Zone Break Out")
