Bursa MQTECH - MQ Technology BhdCurrently the price has comeback to the all time / daily support line, this might be the opportunity to long for short-term on this counter. If the price keep falling, we can either re-average the price or CL at the 0.095 zone and 0.075. Do bear in mind that it is in the sideway pattern which we could take this opportunity to gain some earning: Buy Low Sell High
Disclaimer: If you choose to follow this trading idea you do so at your own risk after giving thorough and reasonable thought and consideration to your actions. All trading is high risk and one of the most difficult activities you will ever consider. Don’t trade with money you can’t afford to lose.
MQTECH
MQTECH - Breakout descending triangleWe observed breakout of descending triangle (+25%) with highest TP of 0.3 (+77% gain)
EP 0.170
TP 0.195, 0.255, 0.300 (triangle opening)
SL 0.145
RRR 1:1
Speed: Fast with only 503M shares float (69% of 730M shares)
Sentiment: China Covid-19 vaccine Source mida.gov.my
Please exercise strict trading plan when trading penny stock.
TAYOR
MQTECH - Sedikit Pendapat bagi Yang SangkutAnalisis Mqtech
- Kenaikan Mqtech telah selesai untuk wave yang pertama.
-Kejatuhan Mqtech kini telah kelihatan siap dalam bentuk 3 gelombang. Sekiranya ia kekal 3 gelombang, maka kejatuhan ini akan dilabel "koreksi".
- Sekiranya kejatuhan ini disusuli dengan kenaikan yang kecil, kemudian harga membuat satu lagi paras kerendahan yang baru, maka Mqtech telah kelihatan membuat 5 gelombang kejatuhan. Sekaligus kenaikan sebelum ini yang akan dilabel "koreksi".
- Bagi yang sangkut, perhatikan harga sekiranya berjaya memecahkan paras RBS RM0.205-RM210 tanpa membuat kerendahan yang baru.
- Bagi yang belum masuk, elakkan dahulu. Carilah entry hanya sekiranya harga memecahkan paras RM0.300-RM0.305. Itu kemungkinan kenaikan gelombang ketiga yang kuat dan impulsif.
Abang Doji.
Training 3/8/2020 - MQTECHWhen you missed the entry; moved on and don't chase it.I forgot to put on alarm to remind me when it EP at 0.140.
Any input @ feedback for me to improves in drawing the chart and writing down my trading plan is really appreciated. Btw, be nice please.. Thank you and have a great trading
