MRCB potential to go upAfter releasing an excellent QR report (QoQ: +2824%) on 25-Feb, MRCB looking good to go upside.
Price just crossed EMA50 with solid volume.
Future Ichi cloud narrowed and looking to turn green.
The first resistance is down trendline or EMA200, if break, potential to swing long.
MRCB trade ideas
Bullish BreakoutTP: 0.79
SL: Daily close below 0.35
Disclaimer: Our content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment base on your own personal circumstances. The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
<TradeVSA> MRCB & MRCB-C64 completed the shakeoutStrength signal in the chart:
1. Shakeout Completed
2. Green pentagon in daily chart
3. Wait for another Green Pentagon in hourly chart
Hit the "LIKE" button to support us :)
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
Docking on a strong legendary weekly supports.The price plunge was a historic for MRCB, and they get managed back and rising back to their legendary strong support. But, we can not assume that the market is the same all the time.
This time is really different... the historic Covid pandemic..
I'm going to long position on this, at minimum projection target.
Market watch still going after Tp.1 reach.
Tepi sikit keretapi nak lalu !HSR going to revived soon, says the business insider. You believe that ? Have faith in your own trading style because either it is true or false there's hope, there's chance, there's opportunity every each of the time and day.
High Speed Railway is project introduced by the previous government, Pakatan Harapan that linked together with the project of Bandar Malaysia (KL-Singapore)((If im not mistaken)). FYI, this bandar Malaysia site's has been announced and declared to located in the Sg. Besi as like 'Bandar Wawasan' if you going through the highway of sg. besi heading out of the KL to Bangi/Kajang.
Ok let get this roughly, MCRB is one of the related counter involve with the HSR Project. Technically, as per date of 22 May 2020 MRCB closed at RM0.53.
With this fresh from oven news, tommorow likely KLCI to jump into GREEN again ! Expecting the counter to raise to TP1 of RM0.59 as investor start to believe and since the construction project going to continue during this PKPB.
Entry Price = 0.53
Resistance = 0.55
Support= 0.530(same)/0.49
TP= 0.58/0.60
Other related counter akan menyusung seketika kemudian...like
1) HSSEB
2) GKENT
3) GADANG
4) EKOVEST
5) IWCITY
6) WCT
7) ECONBHD
The rest sector that have a good momentum
1) Healthcare
2)Plantation
Can try try bodek sikit sector
1) Technology
2) Industry Equiptment
Just POV of mine, not a buy or sell call ya... Selamat Hari Raya AidilFitri Maaf Zahir dan Batin ! Mohon maaf kalau ada kesilapan dan juga kecurangan data dalam process memberi idea ! Semoga berjaya dan maju jaya !
MRCB Cubaan Memecahkan Garisan Downtrend lineMRCB sedang mencuba untuk memecahkan garisan downtrend line seterusnya membuat pertukaran trend kepada uptrend (line change) dimana aras yang perlu dilepaskan adalah 0.770. Pada hari ini MRCB ditutup dengan solid candle dan juga disokong oleh volume. Selain itu, MRCB juga sedang membentuk double bottom pattern membuatkan kaunter ini nampak lebih menarik untuk diperhatirapatkan. Boleh la sediakan trading plan jika berminat. (Sekadar kajian dan pembelajaran).
<TradeVSA> Danger Ahead for MRCB ?Weakness in the chart:
1. Up-thrust / distribution with volume
2. Pullback in downtrend
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
<TradeVSA> MRCB - Testing Resistance with low volumeStrength in the chart:
1. Line Change with high volume
2. Pullback with low volume
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