WONG buy signal based on MRV1 setup on 5 Jan 24 at RM0.235
The support level is around RM0.295, but a safer stop loss would be RM 0.285 to avoid getting stopped out prematurely
The resistance level is around RM 0.350, followed by RM0.410, but the target price is set to RM0.390 to ensure a 1:2 risk/reward ratio
The holding period is estimated to be 2-3 months based on the daily chart signal
Be careful as this is a low-volume stock and may have high volatility
This information is for discussion purposes only and is not a buy/sell call.
