MBMR GOING FOR MARK UP
In the background of plummeting KLCI (Bursa Index), this stock rising above
Classic Type 1 Re-Accmulation
Price succesfully overcome the suply on 5/8/24 (red arrow)
-Wyckoffian call it 'COMPOSITE OPERATOR ROTATION'
Plus, with the 'Spring' !
I put my trust on the setup
position as attached
PureWyckoff
Anything can happen
MBMR trade ideas
MBMR - Pre Consolidation BreakutNO INVESTMENT ADVICE IS PROVIDED
DISCLAIMER
Please consider your own interpretation of Opportunity & Risk. The author of this post strictly follows the Malaysian Security Commission ( SC ) Guidelines on the prohibition of Investment Advice by unlicensed parties. Any examples shall use historical charts without any recommendations and not to cause inducement to the public to take action or position (e.g. buy, sell or hold) regarding a particular class, sector, or instrument in relation to securities or derivatives. The author will never provide any investment or trading advice as the activity of giving investment advice is likely to be considered as a regulated activity under the Capital Markets and Services Act 2007 ( CMSA ). All posts made in Tradingview do not include any communications involving providing recommendations or opinions or includes any material, content or any statement which are likely to induce a person to take any action or position (e.g. buy, sell or hold) regarding a particular class, sector, or instrument in relation to securities or derivatives that is likely to be considered as “advising others concerning securities or derivatives”. The author will not recklessly make any statement, promise or forecast that is misleading, false or deceptive to induce or attempt to induce another person to deal in securities or derivatives. None of information posted in post can be used as investment decisions. Do not trade solely on the information posted. Trade at your own risk and judgement. A trader could potentially lose all money. Only risk capital that can be lost without jeopardizing ones financial security of lifestyle. Please seek licensed professional guidance if you plan to invest your capital seriously.
MBRM - with higher dividend and Net margin compare to ...Buy on after pull back
Support: 3.00
Next Resistance : 3.50+
Long term resistance : 3.85+
(Disclaimer: for demonstrate own planned trade records study only, not for recommend to buy or sell. Please message me for the further detail trading plan)
