STOCK TRADING : 20) thong guan- top20JewelMalaysiaStocks
-top 20 jewels frm a very popular local bank...
-technical : let's look at some price action...
this is trade 126) frm haidojo trading and the last companies frm the top20Jewel series…Tguan is temporarily in uptrend…but now it has bumped into the previous resistance level –RM4.87…immediate support at RM4.45 – 4.56…lower support at RM4.00…
current support : RM4.45 – 4.56…
strong support : RM4.00
resistance : RM4.87
Overall, tguan is still in a sideway…so either wait for breakout to the higher side to confirm a new uptrend, or wait for retracement back to the previous resistance-turn-support at RM4.45…
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds…DON’T LOSE MONEY THAT YOU CANNOT AFFORD…any idea(s) of trading in this episode shall not be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
-technical : let's look at some price action...
this is trade 126) frm haidojo trading and the last companies frm the top20Jewel series…Tguan is temporarily in uptrend…but now it has bumped into the previous resistance level –RM4.87…immediate support at RM4.45 – 4.56…lower support at RM4.00…
current support : RM4.45 – 4.56…
strong support : RM4.00
resistance : RM4.87
Overall, tguan is still in a sideway…so either wait for breakout to the higher side to confirm a new uptrend, or wait for retracement back to the previous resistance-turn-support at RM4.45…
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds…DON’T LOSE MONEY THAT YOU CANNOT AFFORD…any idea(s) of trading in this episode shall not be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
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