UNITED U-LI CORPORATION BHD
Long
Updated

EASY123 Prediction @MYX ULICORP

82
Life is simple...Trade with Simplicity!
BUY Signal = (BT-Yellow-Diamond), (White-Candle), (Green-Upward-Triangle), (White-Star)
SELL Signal = (Red-Dot), Red-Downward-Triangle)

*The trend direction: Reversal (Green background Uptrend signal observed)
*The Bottom signal (BT) was sighted on 24-Dec.
*Price tested the lifeline (Redline) & close above it on 14-Jan.
*The Momentum signal (White-Star) sighted on 13-Jan, an indication of the strong buying momentum.
*The Bell Alert was triggered on 27-Dec, an indication of a coming signal.

Prediction: The current price just break out the BOX. This will result in the pullback/correction to/nearby the lifeline (Red-line) area. After correction likely will be a new rally.

Preference Strategy: Swing trading (Follow the BUY/SELL Signal respectively.)

Target Price: RM0.58-60 & RM0.63-0.66
Cut Loss: If broke below S1 Support RM0.48
*Reminder TP & CL is an individual preference & decision. No fix rule or guideline for it...Trade at your own risk.
Note
ULICORP: as expected the pullback/correction to the support region. Still lack the volume to push the price upward. Be patient, until the volume come to tell us before further action.
Good luck & Happy trading!
Note
ULICORP: SIDEWAYS
It moves within the BOX (S1-R1) still trend on sideways. Lack of volume momentum to move up.
We are standing aside from this counter until it breaks up signals.

Good luck & Happy trading!
Trade closed: stop reached

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