EURO (7208)
Today closing price at RM 0.175
Finally price have come to key support level at RM 0.150, 4 years lowest level. Banker buy at RM 0.30 per shares which is roughly 70% premium from current price. In opposite view, they are losing around 40% paper loss. Hopefully this is the end of Wave 2. By pressing down the price to get more ticket before a Wave 3 is push up, the strongest wave ever in a counter.
The last price should be around RM 0.150 support level and rebound anytime from this zone, but fail to hold this level will lead to further plunge to RM 0.080 base price.
Target - RM 0.360, RM 0.500 and RM 0.620 and above
Cut loss - below RM 0.150
Disclaimer: Analysis or results above are solely based on personal opinions. Trade at your own risk.
Finally price have come to key support level at RM 0.150, 4 years lowest level. Banker buy at RM 0.30 per shares which is roughly 70% premium from current price. In opposite view, they are losing around 40% paper loss. Hopefully this is the end of Wave 2. By pressing down the price to get more ticket before a Wave 3 is push up, the strongest wave ever in a counter.
The last price should be around RM 0.150 support level and rebound anytime from this zone, but fail to hold this level will lead to further plunge to RM 0.080 base price.
Target - RM 0.360, RM 0.500 and RM 0.620 and above
Cut loss - below RM 0.150
Disclaimer: Analysis or results above are solely based on personal opinions. Trade at your own risk.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.