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EVERGRN

EVERGRN buy signal based on MRV1 setup on 2 Jan 24 at RM0.320- The stop loss level is RM0.165, which limits the downside risk to around 10%. - The target price is RM0.390. To maintain a risk/reward ratio of 1:2, you may choose to adjust this to 1:1.5 or 1:1 based on your preference. - The time horizon is 2-3 months, as the signal is derived from the daily chart. - This is a classic 1-2-3 breakout, creating a new higher high (HH) after a higher low (HL). - The immediate resistance is at RM0.345 and the next resistance is at RM0.395. - The support zone is at RM0.290 **Only for discussion purposes. Not a buy / sell call**
MYX:EVERGRNLong
by syafizi
EVERGRN - To find Equilibrium Level of Trend ReversalEntry Strategy: 1) Expecting momentum continuation next week, and some retracement this week due to profit taking before ride up the trend again. 2) Two entry strategy i put up there and CL level - follow whichever suit with your trading strategy; momentum play, weekly trading or monthly investing Chart: 1) Breaking up the EMA and long term downtrend channel. 2) Potential trend reversal seen - might make the stock technically sound. I am nubis, i am non-premium members ..follow if you think this idea make sense..just sit back, relax and moke some money. -Heil_Z- # Are-snuff Traders Club # Bilis Traders Group
MYX:EVERGRNLong
by Heil_Z
(5101) EVERGRN (Furniture Stock)(5101) EVERGRN - Newly formed uptrend stock. - Sideways current price action movement. - Buy price range can be set up within its sideways movement range. - Sideways resistant at RM0.290. - Sideways support at RM0.255. - A break down below sideways support = execute stop loss. - Price action need to see price of EVERGRN to breakout of its RM0.290 sideways resistant. - Crucial Midpoint to break at RM0.305. - Target Price Range to be set after price action is able to overcome above its Midpoint.
MYX:EVERGRNLong
by The_3_Lines_Trader_TFM