MYEG possible forming a triangle. 21/May/24MYEG strong support would be at 0.900 +/- if there was a triangle forming. Even EPF have "pull out" as 1 of major share holder BUT ChatGPT (copilot) still giving 1.33 for its intrinsic value.
Myeg
MYEG. Lost “big cxxxxxxxx”? 13/ Feb/23.MYEG possible forming a triangle in wave a (green), where It May take few years to build a “base” @ 0.285 +/- before a “new rally “ for ATH.
MYEG Looking good for a Buy NowMYEG is doing good. as of now it looks in a sharp buy mode. Can see a level of 1.10 mark
MYEG TECHNICAL ANALYSISTechnical analysis for MYEG Stock based on Trend Analysis, Chart Pattern and Fibonacci Retracement
MYEG.drops to≈0.285?! But it "Fundamentally" sounds good!10/7/21MYEG a fundamentally " pretty" good stock. My "not sure" why its stock price having a "possibility" trending down to around RM 0.285? As Price "May" reached wave B ( Red Circled) and "May" start moving down to wave C (Red Circled)...
MYEG Rebound and Fly TF(1W)MYEG is expected to rebound within Fibonacci Retracement 50% (1.84) area. Then, continue find the next resistance at R1 = 2.12 . If the price close above R1, the next resistance will be R2 = 2.52 . There is a large Gap Down at 14 May 2018 to close.
Time-Frame = TF(1W)
MACD Mode: Uptrend and bearish
Stochastic: Bearish
This is not a buy call but just an idea for educational purpose only.
Disclaimer : Trade at Your Own Risk (TAYOR)
MYEG - Falling Wedge Breakout MYEG
Rst: 1.89
Spp: MA50
Falling wedge breakout, sign of improvement and coming days, the stock may retest support at MA50 to build another leg for true rebound. Key hurdle to break now is Fibo Ext first tier at 1.89
MALAYSIA STOCKstudy purpose, if you have any opinion please comment
MYEG has created bullish pennant, this show that if MYEG success to break resistant zone it will highly go up.
MYEG - More Upside RoomMYEG
Rst: 2.23
Spp: 1.89
Upside charge from long consolidated bullish RB breakout continued, new support affirmed at 1.89, will see further upside to 2.23
MYEG - towards new 52WH?Already break ascending triangle resistance and expected to test 52WH resistance. RSI+MACD shows momentum still going strong, will full banker chip on MCDX.
EP 2.05
TP 2.19 (+6% previous 52WH), 2.33 (+14% Fibo 1.272), 2.50 (+22% Triangle opening)
SL 1.92 (-6%)
Speed: Slow with 876M shares float (24% of 3652M shares)
Sentimen: Economic recovery, window dressing
TAYOR
MYEG Weekly chart breakoutweekly chart big triangle break out (Blue)
weekly chart sideway breakout (purple)
MYEG Wave E DowntrendHello Traders
Some quick analysis on MYEG.
MYEG going for downtrend to complete Subwave E in Wave C
MYX:MYEG
Training 6/8/2020 - MYEGAny 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
MYEG, reaching Fibo 1.168 zoneAfter breakout the downtrend resistant line.....the show has just began.
Target Prediction-Notion and MYEGEyeing target for Notion and MYEG at around 1.39-1.40 each. This week or untill next week. Tomorrow might see a little consolidation/down before it start to climb. However wait for confirmation signal, and if it show earlier down signal - exit.
MYEG - Breaking out the down trendline?After a few trial of breaking the down trendline, can this time success? Or bending downtrend again?
Why not just wait for more confirmation? No hurry as market is volatile now.
MYEG - End of Technical ReboundMYEG
Rst: 1.23
Spp: 1.12
Shooting star candle emerged from MA200 and upper BB with RSI bearish divergence signal marks the end of technical rebound.
MYEG - Failed Double Bottom MYEG - May have risk to breakdown from formidable support level at 0.785 after the stock fails to sustain its double bottom spike.
MYEG - Can Rebound In Technical Indicators Continue to Drive It?Recap our earlier message for those who want to contra, MYEG has hit forecasted resistance at 1.23 today, good to consider exit. Indicators are turning bullish following these few days price recovery, but careful stock in bearish trend will easy to deteriorate recovering indicators.
