MY: Mobilia Analysis 09.11.23Already break resistance @0.18. If price maintained above 0.18, can take long position @0.235.
P/s: This is not Buy/Sell call. All analysis is based on personal TA. Please due diligence before enter any trade.
MOBILIA trade ideas
Mobilia Analysis 9.6.23 LongMobilia look to rebound from bottom. Volume has start to kick in, MFI has start to move from oversold.
High Risk traders can accumulate from bottom.
Low Risk traders can wait for price to break 0.175 and MFI oscillate more than 50%.
Overall look for Long position at price 0.225.
Not a buy/sell call. Do your own research.
Good Luck traders.
MOBILLIA - End of Consolidation?? - Volume spike with narrowing consolidation area
- Possible base consolidation around 1 year
- Low risk entry area with tight stop loss around previous Pivot Low
Disclaimer:
For discussion and sharing purpose only. NOT entry recommendation. Trade at your own risk.
#TAYOR
MOBILIA IN BULLISH HARMONIC PATTERNMobilia's chart resembles that of bullish butterfly harmonic pattern where the potential reversal zone is above Point D.
MOBILIA BAT PATTERNMy plan by using BAT Pattern the target is around 0.886% of Fibo retracement X-A.
For next target TP2 is Crab pattern around 1.618%.
Stop Loss if price break below C level.
#TAYOR MYX:MOBILIA
Mobilia Re-entry BUY After the breakout, price pullback for entry.
Simple SnR rule.
For entry - wait for 1Day CS close bull, entry on the next day CS.
For exit stoploss - close position if price closes below the bull candle.
Target profit - opening price CS @ fibo 1.618
MOBILIA - Breakout with no overhead resistanceOn 9/8/2021, MOBILIA broke out 0.540 with significantly higher volume than previous 14 trading days. Before the breakout, a few good signs are shown; firstly, the price volatility. Price became less and less volatile (contraction in price spread). Secondly, the volume contracted as well. The volume and price spread contract since volume surged on 23/7/21 (starting of base formation). I have seen multiple big winners in Bursa Malaysia, they all possess the same characteristics; big volume surge in the beginning of base formation, price and volume contract during base formation, high/significantly high volume during breakout at the end of base. Keep in mind, this is a new stock in bursa, hence no overhead resistance. One may say, heavy supply (heavy selling) may occur at 0.65 and 0.760 because those are the opening and highest during IPO, but in my opinion, buyers at that price already being wiped out 1st day after the IPO. No risk of heavy selling would occur soon in my opinion. Some may say, it will be in downtrend. I disagree because, looking at weekly chart, week 26/7 and 2/8 showed less participation in market (low volume). Looking at previous weeks, for this stock, in my opinion, next 2 weeks, the weekly closing price would be higher than previous weeks. One may look for quick 30-40% increase from the 0.53 price level, or maybe, can park a few hundreds ringgits for a long stretch goal of 100-200%. Remember, no overhead resistance, basically a virgin area on top. No one is there, no one is waiting to sell up there. Since people love to compare against MAs, here we go. On daily chart, last 3 days closing price is not improving, but the closing is above EMA10, EMA20, MA50, MA150, and MA200. EMA10/20 is above MA50, MA50 is above MA150 & MA200. MA150 is above MA200. Above EMA10/20, and EMA10/20 above MA50 shows that, this can be considered for quick profits (1-2 weeks). MA50 above MA150 and MA200 shows that medium term (4-8 weeks). MA50 above MA150 and MA200 is similar to Mark Minervini's approach. Price above MA150 and MA200 shows that, even for long term (more than 2 months), this stock is also can be considered. Putting Stan Weinstein approach of using RS, looking at how this stock performing against KLSE index, in daily chart, RS level is showing uptrends. Another indicator to show this stock is must buy can be held very long.
I wrote a lot here, but basically, looking at price spread, price pattern, volume pattern, MAs, and RS, all are screaming; this stock is a must buy, can be held in long term.
Thank you for reading, good luck, and trade at your own risk (TAYOR).
P/S: My trading method is adapted based from Livermore, Minervini, and Weistein's approach. It's not a perfect approach, but it suits my style and my timing. Batting average is 47% now. Nonetheless, I strongly recommend you to read trading books and form your own trading method, regardless on how it's being based from. One thing that I learn, price pattern, MA, and volume; all great traders only used these 3 things. Works well for me! Good luck guys!
Mobilia trading at RBSThe stock trading upwards since Jun 2021
Oppoturnity trade since already break RBS and currently at pullback, lets monitor if it can reverse to next resistance and continue its uptrend
MCDX PLF Mobilia #0229 SmartMoneyMid-term analysis (weekly chart)
1) still trending up (above downtrend line, MAs )
2) Profit & Loss chip (PLF) @ 82.32 (strong)
3) Fund still in-flow thou turn weaker (BEE)
Short-term analysis ( daily chart )
1) reaches resistance area 0.520
2) BEE momentum turning weak (dark green candle turns small)
3) Important reversal signal, Perfect Bearish TD9
Trade plan:
Wait for buy point after pullback / correction.
First support level @0.475
Cut-loss @7%
TP@0.610
PLF profit chip >50% booming zone
