Buy signal triggered based on MRV1 setup at RM0.385;
20% target at RM0.465; stop loss at RM0.345;
2-3 months due to the signal based on the daily timeframe.
The second buy order after a great jump in price and volume traded and subsequent retracement. Given the large historical price spread between high and low of this counter, immediate resistance is at RM0.425...
GOODLUCK TRADERS
TRADE AT YOUR OWN RISK
buy at the support will be recommended!!!
“Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.” — Albert Einstein
If the price reaches point D, Bat Pattern will complete and retrace back from the trendline (yellow line).
This pattern will not be if the price falls below point C.
#TAYOR MYX:SHCHAN