MYX:SUPERMX Haven't shown any sign of re-rebound. Wait for further assessment at RM4.5 level, if any.
1hr time frame play Accumulation at RM6, Try to break above 6.2 area to go to TP2
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 stock price comes to...
SUPERMX Rst: MA50 Spp: 6.85 Second candle affirmed its foothold above Fibo Extension 61.8%, meaning the technical rebound still consist of strength to continue, shall see a break above the descending trendline (refer to chart) before it starts to soften.
Can we start to hope for further upside in Supermax? I would answer yes if Supermax can find strong support at RM 6.70 and start to break and close above RM 7.50. I think the right question to ask right now is has Supermax bottomed? From chart perspective wise, I believe Supermax has not bottomed yet and we could likely see further downside pressure if it breaks...
Bearish sentiment still subsists. The price testing the support.
open gapped down break below 7.50 and 7.00 next support zone at 6.00-6.50 wait for bullish price action.
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BoD signal on 23 Sep, BoB on 2 Oct. There are no Fast Turtle Sell since then. Staying above psychological level 10 is a very strong statement from Mr BULL. FiFT is +ve, Banker's chip >75%. Price is moving above EMA20 and above ATOM river which mean Bull is running on highway. Every small pullback is with small volume. This is a very healthy bull. The rally...
SUPERMX 30 Nov breakout MA50 with volume. It already experienced C1 and C2 and seem like it will generate another contraction C3. If the price able to stand firm above MA50 like predicted above, then we can consider to re-enter and ride for another wave. If the price not able to stand firm above MA50, then is not safe to enter. Disclaimer: Not a buy call...
Supermx still on uptrend and stay above the trend line. Currently on the border of fibo level 8.945. Besides, there is no change on FA wise so nothing to worry about. BUY signal on Turtle and DE also out on 26/11. Let's just relax and ride on the wave. Disclaimer: Just opinion sharing only. No BUY/SELL call involved.
there is no sign buyer enter the market..posibility to sell strong
SUPERMX Rst: MA50 Spp: 8.30 Violation of MA50, at the same time built lower high formation, the softening of indicators will continue to cast pressure towards Fibo Ext 100% at 8.30
SUPERMX Rst: 10/ 10.65 Spp: MA50 Morning doji formation means upside will continue to charge tomorrow, important hurdle to break the recent C&H breakout neckline (refer to chart).