MFLOUR trade ideas
MFLOUR - BOD inside ascending triangleWait for reversal at Fibo 61.8%/78.6% to ride a quick 5% gain, and probably ride the breakout too. But this is cyclical sector, therefore exercise caution to protect your profit.
Speed: Fast with 443M shares float (44% of 1009M shares)
Sentimen: Christmas
TAYOR
Mflour, you still very low profileconsider tringle break out? Lets see performance next few day.
Set your support at 0.565.
Market no good. Eat more roti canai.
Mflour...this time is MCO effect again?Chart will tell something before news. Do you believe it?
Stand firm and rebounding from trendline.
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Disclaimer: I am not Investment guru. Every stock analysis are purely for my personal learning and practice purpose.
It is not for any buy or sell call to anyone. Everyone are responsible at your own trades.
The Supply Chain and Demand is Back. MARKET WATCH :
Hi Malaysian traders,
Hoping everybody is well and fine.
This company is not really effected much due to pandemic Covid-19. In my opinion, the demand of food is always there, because that is human fuel to get every day. Without foods, we'r out...
Back to my theory, the supply chain is back in normal.. the momentum is getting back.. but not really fast. It still takes times, to recover back. As long this company still holding a good cash flow and the demand is running.. the market will sustain and excepted to back to North.
Foresee this market can get into 0.65-0.70 in this coming days or weeks. Seen a strong supports has been built.. But it has to fight back the bearish resistance, and expected to bounce back down for a while..
Mflour berkemungkinan breakoutGood qr result dengan chart yang cantik bakal meneruskan perjalanannya. Indi Trader Corner Talk menunjukkan BUY Position
<TradeVSA> Pullback in MFourStrength in the chart:
1. Confirmation on reversal
2. Pullback with NS and Test bar
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
MFLOUR Selling pressure decreasing1) MFLOUR may go 0.685. Support line together with EMA20.
2) Current price is at support level.
3) If break , 0.685 is crucial support
Malayan Flour Mills has break the red cloud1) Crossed EMA200 and close above. Very bullish signal
2) Break red cloud
3) High volume
4) Break nearest resistance
5) TP 0.73
3662Technically downtrend broken at demand zone (1st touch)
3rd times engulfing show possible trade to risk, support that trading volume increase.
<TradeVSA> Re-accumulation in Malayan FlourStrength in the chart:
1. Spring with support
2. Average and low volume downbar
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Who have the best setup? Aturmaju, Media & MFlourStrength / Weakness in the chart:
1. Aturmaju
1. Testing resistance
2. Weakness at resistance
2. Media Prima
a. Continuation on Mark-Up
3. MFlour
a. Confirmation on accumulation
b. Breakout after pentagon signal
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Is Smart Money Accumulating MFlour?Strength in the background:
1. Changes in trend with high volume
2. Testing resistance
Send us your preference stock to review based on TradeVSA chart by comment at below.
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
