KENANGA trade ideas
Hold - KenangaUptrend, Bullish and Strong Bull
Oversold and Upward momentum
Forming small Cup and Handle.
MCDX Banker % spike to 44% and cross above BMA (Become Strong)
Retailer % remain 0%
BoD signal triggered with 16.8X VRatio !
Plan:-
Set Slow Turtle Buy alert to further buy above 0.97 (1.0 RN Resistance)
Move SL to 0.90
TP 1.15, 1.27
Perfect Low Risk entry for Kenanga? Last close at resistant level,
Bar price action and the volume, showing buyers' power increase.
And it always stay above the uptrend supporting MA and tunnel.
I'm expecting this time will be a real breakout.
Risk reward ratio = 3
Like my works? Please hit the Like, Follow and Share :)
Thanks!
Disclaimer
This information only serves as study references, does not constitute a buy or sell call.
